Clean Line Energy of Houston, a company that develops high voltage, long-haul transmission lines, has announced an agreement to purchase cable manufactured at the Malvern facility of General Cable.
The cable will be used for Clean Line's Plains & Eastern Clean Line.
Michael Skelly, president of Clean Line, and General Cable North America's CEO Gregory Lampert announced the deal on Thursday at a news conference held at The Peabody Hotel in Little Rock.
According to a Clean Line news release, the supply order could be worth $100 million or more, depending on commodity prices. The Plains & Eastern Clean Line, which the Arkansas manufactured cable will be used for, will deliver wind energy produced in western Oklahoma, southwest Kansas and the Texas panhandle to consumers across the Southeast and Mid-South regions.
In the release, Maria Haley, executive director of the Arkansas Economic Development Commission, spoke of her support of the agreement.
"Today is a perfect example of the opportunities in the renewable energy industry for Arkansas," she said. "I am pleased to see Clean Line and General Cable partnering to stimulate the manufacturing industry in Arkansas through new opportunities for wind energy in the region."
