NEWSNovember 12, 2007 Contact: E3 Consulting provides independent engineering services DENVER, CO – E3 Consulting® LLC, strategic business advisors to the energy industry, provided independent engineering services in support of the financing of the Trans Bay Cable project, a 53-mile long high voltage direct current (HVDC) transmission line that will run under San Francisco Bay. E3's scope of services included technology review, construction costs and schedule review, permitting requirements and analysis of economic projections. "HVDC cable transmission technologies are among the most critical initiatives in the energy industry today," commented Paul B. Plath, E3 Senior Vice President. "The HVDC technology used in the Trans Bay project offers generator-like dispatchability which reduces the need to build new generation on the congested San Francisco peninsula." The project is being developed by Trans Bay Cable LLC, a wholly owned subsidiary of Babcock & Brown Infrastructure Group US LLC, in cooperation with the City of Pittsburg, California. According to TBC, the project is the first purely privately-proposed and financed solution, with cost based rates regulated by FERC, to meet the reliability needs of a regional utility grid in the United States. The project was financed by Bayerische Landesbank and Ambac Assurance Corporation. About E3 Consulting
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