Common Contracts
1 similar null contracts
EXHIBIT A TERM SHEETJuly 26th, 2010
Parties: Portland General Electric Company, an Oregon corporation (“PGE”) PacifiCorp, an Oregon corporation (“PacifiCorp”) Project: Double-circuit 500 kV transmission line to extend from Boardman, Oregon to the vicinity of Salem, Oregon, including new or upgraded substations, interconnections in central Oregon or other necessary equipment and facilities (the “Cascade Crossing” or the “Project”) Joint Development and Construction Agreement: An agreement to be entered into between PacifiCorp and PGE pursuant to which: (a) PacifiCorp and PGE will jointly develop and construct the Project; (b) Each of PacifiCorp and PGE will be responsible for costs associated with the development and construction of the Project in an amount proportionate to its ownership share as stated and negotiated in the final Joint Ownership, Operating and Maintenance Agreement; (c) PacifiCorp will receive 600 MW of bidirectional transmission capacity on Cascade Crossing consistent with applicable laws, regulations,
