This article was created by AI using a video recording of the meeting. It summarizes the key points discussed, but for full details and context, please refer to the video of the full meeting.
Link to Full Meeting
The LCRA Transmission Services Corporation Board convened on February 19, 2025, to discuss several key projects aimed at enhancing the region's electrical infrastructure. The meeting highlighted three significant initiatives, each with specific completion dates and budget estimates.
The first project discussed was the overhaul of the Sitgo North Oak Park to Nueces Bay transmission line. This unique transmission line runs underwater across the ship channel near Corpus Christi Bay. The project aims to upgrade cable termination equipment as the line transitions from underground to overhead. The estimated cost for this project is $1.7 million, with a recommended completion date of May 15, 2025.
The second project involves upgrading remote terminal units at 11 substations across the El Stray TSC service area. This upgrade will enhance the System Operation Control Center's ability to remotely monitor and control substation equipment. The project is estimated to cost $2.5 million, with a completion target of May 15, 2026.
The final project presented was the Upton Load Circuit Breaker Addition, which is driven by increasing oil and gas loads in Upton County. This project includes upgrading the existing substation bus configuration and adding circuit breakers and switches to improve interconnection with Encore. The estimated cost for this initiative is $9.2 million, with a completion date also set for May 15, 2026.
After discussing these projects, the board voted unanimously in favor of the agenda item, signaling strong support for the planned upgrades.
Additionally, the board addressed the authorization of LCRA transmission contract revenue notes, Series F. This item seeks approval to negotiate a note purchase program with Frost Bank for up to $100 million. If approved, this program will complement existing short-term debt facilities, which currently total $450 million, to fund capital transmission activities.
The meeting underscored LCRA's commitment to improving the electrical infrastructure in Texas, ensuring reliable service for the growing demands of the region.
Converted from LCRA Transmission Services Corporation Board meeting Feb. 19, 2025 meeting on February 21, 2025
Link to Full Meeting