Timeline and Process

January, 2004
Letter of intent with the City of Pittsburg

February, 2004
Project introduced to CAISO San Francisco Stakeholder Group

August, 2004
Development Agreement executed with City of Pittsburg
Notice of Preparation issued under CEQA, with the City of Pittsburg as the lead Agency

July, 2005
FERC approval of TBC rate principles

September, 2005
CAISO Board of Governor's approval of need for TBC project as a reliability project

May, 2006
DEIR issuance

November, 2006
City of Pittsburg certification of Final EIR

August, 2007
Discretionary Acts complete - including approvals from the from the SF Board of Supervisors

August, 2007
Notice to Proceed to EPC Contractor

September, 2007
Financial Closing

November, 2007
Commencement of construction of Pittsburg converter station

January, 2008
Commencement of construction of San Francisco converter station

October, 2009
Cable laying begins

2010
Commercial operation