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Avangrid and Puget Sound Energy Sign PPA, Including Upgrade and Life Extension, for Washington Wind Project

LCG, May 19, 2026--Avangrid, Inc., a member of the Iberdrola Group, today announced the signing of a long-term Power Purchase Agreement (PPA) with Puget Sound Energy (PSE) for the 199.5-MW Big Horn I wind project in Klickitat County, Washington. This agreement represents the fourth PPA executed by the two companies for projects in the Pacific Northwest.

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DOE Acts to Ensure Key Coal-fired Power Plants Are Available in MISO to Supply Peak Summer Demands

LCG, May 18, 2026--The U.S. Secretary of Energy today issued an emergency order to address critical grid reliability issues in the Midwest anticipated this summer. The order is in effect beginning on May 19, 2026, through August 16, 2026. The emergency order directs the Midcontinent Independent System Operator (MISO), in coordination with Consumers Energy, to ensure that the J.H. Campbell coal-fired power plant (Campbell Plant) in West Olive, Michigan shall take all steps necessary to remain available to operate and to minimize costs for the region.

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Industry News

Newsmakers

James M. Clarke has been appointed vice president for risk management and capitalallocation by Nisource Inc. Most recently risk management officer for the company, he will assume the additional responsibilities of enterprise-wide capital allocation as Nisource integrates its resources with those of Columbia Energy Group.James C. Collins has been named vice president for business development by Texas Independent Energy, a 50-50 joint venture of Panda Energy International Inc. of Dallas and PSEG Global Inc. of New Jersey. He was formerly a regional marketing executive for Louisville Gas & Electric Co.Byron T. Gannaway has been named vice president for fuels management by Texas Independent Energy, a 50-50 joint venture of Panda Energy International Inc. of Dallas and PSEG Global Inc. of New Jersey. He most recently was director of fuels acquisitions with Panda. Fred E. Meisenheimer has been named vice president and controller by Atmos Energy Corp. He joins Atmos from Vartec Telecom Inc., a privately-held telecom services provider,where he was controller and responsible for all accounting and treasury operations.
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