Lesson 8 of 9 · about 15 minutes
The Companies and Agencies Behind the Lines
You'll be able to
- Identify the parent companies and affiliates behind SWIP-N, B2H and Gateway West
- Match each company to its market choice and its regulator
- Find a company's public filings with the SEC, FERC or a state commission
- Convert an ownership percentage into megawatts and dollars
Big transmission projects are rarely owned by one company. They are split among utilities, holding companies and project affiliates set up for a single line, with federal agencies and market operators holding pieces of the rights. Knowing who is who saves time: it tells you which regulator has the records, which annual report to read, and which name to search in a docket.
Utilities
| Company | Parent | Idaho role | Stakes in the big lines | Market | Main regulators |
|---|---|---|---|---|---|
| Idaho Power | IDACORP | Serves southern and southwest Idaho; owns the Midpoint and Hemingway substations | SWIP-N: 11.415 percent ownership (250 MW) plus 250 MW leased for 40 years with an option to buy. B2H: about 45.45 percent. Gateway West: joint owner of several segments | WEIM since 2018; leaning EDAM | Idaho PUC, Oregon PUC, FERC |
| PacifiCorp (Rocky Mountain Power in Idaho) | Berkshire Hathaway Energy | Serves eastern Idaho | B2H: about 54.55 percent. Gateway West: owner or joint owner of the Idaho segments | WEIM since 2014; EDAM since 2026 | Six state commissions including Idaho's; FERC |
| NV Energy (Nevada Power, Sierra Pacific Power) | Berkshire Hathaway Energy | None directly; the Nevada end of SWIP | Owns 25 percent of the One Nevada line; will be operator and balancing authority for SWIP-N under its agreement with Great Basin, per Idaho Power's FERC filing; party to a 2026 SWIP-N consent agreement FERC accepted effective Sept. 1, 2026; covers One Nevada line costs while LS Power covers SWIP-N, per the developer | WEIM since 2015; EDAM planned 2028 | Nevada PUC; FERC |
| Avista | Avista Corp, a public company that files its own SEC reports | Serves north Idaho | None of the projects in this course | WEIM since 2022 | Idaho PUC, Washington UTC; FERC |
The parent relationships come from SEC filings. IDACORP and Idaho Power file combined reports. Berkshire Hathaway Energy's 2025 annual report, filed March 2, 2026, is a combined filing that includes PacifiCorp, Nevada Power and Sierra Pacific Power. That means the majority owner of B2H and the utility at SWIP's Nevada end share a parent.
Developers and builders
| Company | What it is | Project role |
|---|---|---|
| LS Power | Private energy infrastructure developer | Parent of the SWIP affiliates and of Magic Valley Energy. FERC filings say all Great Basin and GBT Northbound membership interests are indirectly owned by LS Power Associates, L.P., managed by LS Power Development, LLC. Its CEO, Paul Segal, spoke at the SWIP-N groundbreaking |
| Great Basin Transmission | LS Power affiliate | Develops and owns SWIP-N and will maintain it; holds the 1994 BLM right-of-way; CAISO participating transmission owner for the 77.169 percent CAISO block, with a FERC formula rate accepted October 31, 2025. LS Power built the One Nevada line, with NV Energy, and DesertLink |
| GBT Northbound | LS Power affiliate, a special purpose company | Receives a passive 22.831 percent interest and the 500 MW northbound block once construction starts; sells 11.415 percent and 250 MW to Idaho Power and leases it the other 250 MW, under PUC Order 36874 and FERC docket ER25-3372 |
| Great Basin Transmission South | LS Power affiliate | Owns 75 percent of the One Nevada line and co-owns Robinson Summit substation with NV Energy's utilities, per Idaho Power's FERC filing |
| Magic Valley Energy | LS Power affiliate | Developer of the Lava Ridge wind project, whose federal approval Interior moved to cancel on August 6, 2025 |
| Quanta Infrastructure Solutions Group | Construction contractor | Building B2H, per Oregon's June 2026 update |
Market operators and governance
| Organization | What it is | Role here |
|---|---|---|
| CAISO | California's nonprofit grid operator | Runs WEIM and EDAM; holds most SWIP-N capacity through Great Basin; board appointed by California's governor |
| ROWE | New nonprofit, board seated September 30, 2026 | Will govern WEIM and EDAM rules if the transfer is completed; target January 1, 2028 |
| Southwest Power Pool (SPP) | RTO based in the central U.S. | Building Markets+, target October 2027; BPA is a funder |
Federal agencies
| Agency | Role here |
|---|---|
| Bureau of Land Management | Grants rights-of-way across federal land for SWIP-N, B2H and Gateway West; approved the Robinson Summit substation expansion in November 2025 |
| Bonneville Power Administration | Federal power marketer; left B2H when Idaho Power took its share; heading to Markets+ |
| Department of Energy, Grid Deployment Office | Selected SWIP-N in April 2024 for Transmission Facilitation Program capacity contract negotiations; signed a facilitation agreement with Great Basin on September 13, 2024 to hold the 500 MW northbound block until Idaho Power won PUC approval or another buyer stepped in, per FERC's October 2025 order |
| FERC | Approves transmission tariffs, the CAISO and Great Basin agreements, and market tariffs. SWIP-N dockets: ER25-543 (development agreement), ER25-2025 (tariff and incentives), ER25-3372 and ER25-3376 (joint ownership), EC25-143 (ownership transfers), ER26-3086 and ER26-3089 (2026 consent agreements) |
What each company says, and where to test it
Every company in these tables has a public line on its project. None of those lines is a lie on its face, and none is the whole story. The useful habit is to pair each claim with the record that tests it.
| Company | Public claim | Where to test it |
|---|---|---|
| Idaho Power | Its SWIP-N ownership "only allows us to import energy from south to north" and has nothing to do with Lava Ridge | The capacity terms in PUC Order 36874 (northbound only) and the future cost recovery case, where actual winter imports can be compared with the forecast |
| Great Basin Transmission | SWIP-N is a stand-alone project that does not rely on or trigger new generation in the area, as its representative told Jerome County commissioners | CAISO's 2024 memo, which grounds CAISO's share in 1,000 MW of Idaho wind, and future interconnection requests near Midpoint |
| CAISO | Large transmission investment is essential to a more reliable Western grid, as its CEO said at the SWIP-N groundbreaking | CAISO's annual transmission plan and the benefit studies behind each approved line |
| PacifiCorp | Lists Gateway West segments with target dates in its annual transmission reports, most at 2036 or later | Its integrated resource plan and each year's WECC progress report, to see whether the dates hold or slide |
Quote the claim, cite the record, and let readers see the gap if there is one. That works the same whether you support the project or oppose it.
Example: turning percentages into megawatts and dollars
Ownership shares are only useful when you convert them.
- SWIP-N: Idaho Power's 250 MW out of 2,190 MW total SWIP capacity: 250 / 2,190 = 0.114, the 11.4 percent in the order.
- Its full 500 MW, owned plus leased: 500 / 2,190 = 0.228, the 22.83 percent block.
- B2H: suppose, for the method only, installed cost of $1.2 billion. Idaho Power's 45.45 percent: $1,200,000,000 x 0.4545 = $545.4 million. PacifiCorp's 54.55 percent: $654.6 million. Check: 545.4 + 654.6 = 1,200.
- Before BPA left, Idaho Power's 21.21 percent of the same $1.2 billion would have been $254.5 million. The 2023 change added 545.4 minus 254.5 = about $291 million of exposure at that cost.
Use the real installed cost when the recovery case is filed. The method stays the same.
Common mix-ups
- Claim: LS Power, Great Basin and Magic Valley Energy are unrelated. What the evidence shows: Great Basin and Magic Valley Energy are both LS Power companies. Whether the projects depend on each other is a separate question, covered in lesson 5.
- Claim: CAISO owns SWIP-N. What the evidence shows: Great Basin owns the line. CAISO controls most of its capacity through the participating transmission owner arrangement.
- Claim: PacifiCorp and NV Energy are competitors on these projects. What the evidence shows: Both are Berkshire Hathaway Energy utilities that file a combined annual report.
Reporting angle
- Ask NV Energy what it will charge, and to whom, for operating SWIP-N and acting as its balancing authority, and where those costs appear in Nevada and FERC filings.
- Read the risk factors and transmission sections of IDACORP's and Berkshire Hathaway Energy's latest 10-K for B2H, Gateway and market statements.
- Search each affiliate name, not just the parent, in FERC eLibrary and the Idaho PUC case search. Agreements are often filed under project-company names.
- Ask LS Power which affiliate holds each federal right-of-way and capacity contract.
- Track executives who testify or appear at county hearings, and which company they represent.
- Numbers to check: ownership shares, MW entitlements, installed cost and each owner's share.
Research angle
- SEC EDGAR for IDACORP and Idaho Power and the Berkshire Hathaway Energy combined 10-K.
- FERC eLibrary (elibrary.ferc.gov) for Great Basin Transmission, GBT Northbound and CAISO filings. Start with Idaho Power's joint ownership filing, which lays out every entity and percentage, and FERC's November 4, 2025 order accepting it.
- The Idaho PUC case search for IPC (Idaho Power) and PAC (PacifiCorp) cases.
- Western Energy Markets and SPP Markets+ participant lists.
- Jeff Pierson's Players and Personnel working reference in the Feeding the Beast series, which flags which ties are confirmed and which are not.
Check yourself
1. Which LS Power affiliate is developing SWIP-N?
Great Basin Transmission, an LS Power affiliate, develops and owns SWIP-N and will maintain it; NV Energy's utilities will operate it. Magic Valley Energy, another LS Power company, was the Lava Ridge developer.
2. Which companies file a combined annual report with Berkshire Hathaway Energy at the SEC?
BHE's 2025 Form 10-K, filed March 2, 2026, is a combined filing that includes PacifiCorp and the two NV Energy utilities, Nevada Power and Sierra Pacific Power.
3. Idaho Power owns about 45.45 percent of B2H. If a line's installed cost were $1.2 billion, what would that share be?
$1,200,000,000 x 0.4545 = $545.4 million. The $1.2 billion is a round number for the method, not a filed cost.
4. Who is Idaho Power's parent company?
IDACORP and Idaho Power file combined reports with the SEC; IDACORP is the holding company.
5. Which organization is a market operator but not a utility or line owner in Idaho?
CAISO operates markets and runs California's grid. It holds SWIP-N capacity entitlements through Great Basin's participating transmission owner arrangement but is not an Idaho utility.
Terms in this lesson
- Holding company
- A parent company that owns one or more operating utilities and often other businesses.
- Affiliate
- A company under common ownership with another, often set up for one project.
- Form 10-K
- The annual report public companies file with the SEC, including business descriptions, risks and financial statements.
- Merchant transmission developer
- A company that builds lines and earns revenue by selling capacity, rather than serving retail customers.
Sources
- Berkshire Hathaway Energy combined Form 10-K for 2025 (filed March 2, 2026) checked 2026-10
- SEC EDGAR: IDACORP filings (combined with Idaho Power) checked 2026-10
- SEC EDGAR: Avista Corp filings checked 2026-10
- CAISO: Decision on SWIP-North participating transmission owner application, memo (Sept. 27, 2024) checked 2026-10
- PacifiCorp 2026 Annual Progress Report to WECC checked 2026-10
- Idaho Power: SWIP-North project page checked 2026-10
- KIVI: Jerome County delays decision on appeal to withdraw 30-year-old SWIP energy transmission line permits (Sept. 23, 2025) checked 2026-10
- T&D World: Great Basin Transmission begins construction on Southwest Intertie Project-North (Sept. 3, 2026) checked 2026-10
- Idaho PUC Final Order No. 36874, Case IPC-E-25-08 (Dec. 12, 2025) checked 2026-10
- Idaho PUC Final Order No. 35838, Case IPC-E-23-01 (June 30, 2023) checked 2026-10
- Western Energy Markets: Extended Day-Ahead Market participants checked 2026-10
- Oregon EFSC staff report: B2H construction update (June 26, 2026) checked 2026-10
- U.S. Department of the Interior: Interior moves to cancel approval of Lava Ridge Wind Project (Aug. 6, 2025) checked 2026-10
- SPP: Markets+ checked 2026-10
- Jeff A. Pierson, Players and Personnel, Feeding the Beast working reference (July 2026) checked 2026-10
- Idaho Power and GBT Northbound, Filing of Participation and Joint Ownership Agreement under FPA Section 205 (Sept. 5, 2025) checked 2026-10
- FERC, Idaho Power Co. and Great Basin Transmission, Order Accepting Participation and Joint Ownership Agreement, 193 FERC 61,094, Dockets ER25-3372 and ER25-3376 (Nov. 4, 2025) checked 2026-10
- FERC, Great Basin Transmission, LLC, Order on Transmission Incentives and Accepting Transmission Owner Tariff and Formula Rate, 193 FERC 61,083, Docket ER25-2025 (Oct. 31, 2025) checked 2026-10
- FERC delegated letter order accepting SWIP-N consent agreements, Dockets ER26-3086 and ER26-3089 (Aug. 25, 2026) checked 2026-10