DALLAS, Nov. 9, 2020 /PRNewswire/ -- The SMU Cox
Caruth Institute for Entrepreneurship recently named GridLiance, an
independent electric transmission company, to this year's list of
Dallas 100 companies. The annual
competition recognizes the fastest growing, most dynamic privately
held companies in the Dallas area
based on percentage growth and absolute dollar growth over the
previous three years.
"It is an honor to be included on the 2020 Dallas 100 list. This prestigious recognition
attests to our employees' entrepreneurial spirit and dedication to
our mission to improve the reliability and resiliency of the
electric grid," said GridLiance President and CEO Calvin Crowder. "During the past few years, we
have strengthened our efforts to provide transmission service to
underserved markets in rural communities to improve their quality
of life. These efforts have allowed us to expand our footprint
across the country and enhance the reliability of the transmission
grid."
From 2017 to 2019, GridLiance expanded its footprint beyond
Oklahoma and acquired transmission
assets in Illinois, Kentucky, Missouri and Nevada. The company now owns and operates more
than 700 miles of transmission lines and related substation
infrastructure and has operations in the California Independent
System Operator (CAISO), Southwest Power Pool (SPP) and
Midcontinent Independent System Operator (MISO) regions. Reflecting
the rapid growth at the company in recent years, GridLiance also
was recognized by the Dallas Business Journal as the sixth
fastest-growing midsize company in North
Texas at its 2020 Middle Market 50 Awards.
For 30 years, the Dallas 100
has honored the ingenuity, commitment and perseverance of
entrepreneurial businesses, placing the spotlight on their economic
contributions. The final rankings of each company in the
Dallas 100 will be announced
during an awards ceremony in the spring of 2021.
About GridLiance
GridLiance is comprised of three
independent electric transmission utility companies that
collaborate with rural electric cooperatives, municipal utilities,
joint action agencies and others to plan for the future of the
grid, invest in necessary electric infrastructure and implement
strategies to improve system reliability and resiliency and reduce
overall costs to customers. Based in Dallas, GridLiance operates more than 700
miles of transmission lines and related substation facilities in
Illinois, Kansas, Kentucky, Missouri, Nevada and Oklahoma. GridLiance is a portfolio company of
Blackstone Energy Partners, an affiliate of Blackstone (NYSE: BX), a leading energy
infrastructure investor. For more information about GridLiance,
visit gridliance.com.
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SOURCE GridLiance Holdco, LP