Transmission Developers Inc., a Blackstone portfolio company, is developing Champlain Hudson Power Express (“CHPE”), a 1,250 MW, electric power transmission line. CHPE will run 339-miles from the Canadian border to Astoria, Queens and will transport 10.4 TWh/year of renewable hydropower to NYC upon completion. The project is fully contracted for 40 years with Hydro-Quebec. Hydro-Quebec in turn has executed contracts with NYSERDA for the delivery of power and renewable energy credits.The rationale for the nomination for Proximo DoY 2022 award is that CHPE is a marquee project for New York. It will provide significant environmental benefits to New York and play a critical role in New York achieving its ambitious renewable energy targets. Renewable energy delivered by CHPE will comprise ~25% of total NYC energy demand and will decrease carbon emissions by ~3.9 MM metric tons per year and harmful local air pollutants by ~20% – equivalent to removing 44% of passenger vehicles from NYC.Additonally, CHPE is among the largest and most prominent project financings closed in 2022. CHPE has been under development by Transmission Developers Inc. for over 10 years - financial close and commencement of construction represent major milestones for the sponsors, New York, and other parties involved.