Navajos Look to Invest in Grid Connection Project

From cbsnews.com -A $1.5 billion effort to link the United States' three major electricity grids has caught the attention of one of the country's largest American Indian tribes as it looks to enter the energy race.  Navajo Nation President Ben Shelly has met with developers of the Tres Amigas Superstation and sees the project as an opportunity for electricity generated on the reservation — which spans parts of Arizona, New Mexico and Utah — to reach other markets. "Our future in Tres Amigas is to establish a connection to be a major energy partner and to bring a permanent stream of revenue to the nation," Shelly said in a statement.  Tres Amigas would open the door to more energy development on the Navajo Nation and a broader market for selling that energy, Zah said. The tribe could also establish its own distribution contracts. "We're looking now to become actual partners and producers rather than being dependent upon outside companies giving us lease fees and royalty fees," he said. "We're looking to be a player rather than being a dependent."  More News New Mexico
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