Grid Transformation Partners
We deliver transmission solutions to meet America’s growing need for carbon-free electricity.
Repowering America
We are transforming electric grids to meet America’s growing need for carbon-free electricity.
Viridon’s mission is to create a more sustainable future by investing in the infrastructure needed to transport clean energy to where it is most needed. Our industry expertise and unique business partnerships give us the intellectual and financial capital needed to cost-effectively integrate America’s clean energy resources onto the grid. We are passionate about our mission to unlock value for our customers, and we are passionate that we have the premiere team in the industry to do it.
The nation needs transmission infrastructure to unlock the enormous benefits and opportunities that the clean energy transition presents from spurring economic growth, to revitalizing domestic manufacturing, to creating millions of good jobs for American workers. Moreover, studies often find that the benefits of transmission exceed the costs, by enabling access to low-cost generation, helping to maintain reliability and avoid power outages, and supporting clean energy supply.
U.S Department of Energy – Office of Policy
What our Strategic Partners Say
Viridon is more than just our namesake. It's our call to action. We're dedicated to bringing clean energy to where it’s needed most and to achieving our country’s vital energy infrastructure goals.
Erin O’Malley – Director Development
Viridon is proud to be a portfolio company of Blackstone. This partnership not only provides us with access to critical capital needs, but also leverages Blackstone's industry expertise and deep relationships to gain access to resources that other companies in our industry cannot as easily attain. This allows us to be highly effective and price-competitive from the jump.
Chad Newhouse – Vice President Regulatory
At our core, we believe collaboration is the key to unlocking positive change. We work seamlessly as a team internally, and extend that spirit of partnership to every stakeholder – from customers and communities to partners and suppliers. Together, we navigate the complexities of projects, ensuring highly efficient and highly effective solutions.
Warren Whitson – Vice President Development
Our Assets
Hitchland-Lamar
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Asset 3
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Our Recent Projects
More information regarding Viridon’s upcoming projects will be disclosed in the coming months.
Our Premiere Team
With a combined XX years in the energy industry, including within transmission development, finance, legal and regulatory, Viridon has assembled the premiere core management team to drive results.
Our Premier Partners
Xcel Viridon Transmission Holdings LLC (“XVT”) is a collaborative venture between Xcel Energy and Viridon, a Blackstone portfolio company. Its mission is to expedite the clean energy transition by investing in and managing electric transmission facilities within the Midcontinent Independent System Operator and Southwest Power Pool, as well as Western states not currently served by a regional transmission organization.
Blackstone Energy Transition Partners, a Blackstone energy-focused private equity business, is a leading energy investor with a successful long-term recorder, having invested over $20 billion of equity globally across a broad range of sectors within the energy industry. Viridon was formed as a Blackstone portfolio company, providing the financial stability to invest in and manage electric transmission facilities that unlock economic and environmental value for customers across the country.
Xcel Energy provides the energy that powers millions of homes and businesses across eight Western and Midwestern states. Headquartered in Minneapolis, the company is an industry leader in responsibly reducing carbon emissions and producing and delivering clean energy solutions from a variety of renewable sources at competitive prices.