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Longroad Energy Announces Financial Close of 1000 Mile Solar Project in Texas

LCG, September 15, 2025--Longroad Energy announced today the financial close of 1000 Mile Solar, its 300 MWac (400 MWdc) solar project in Yoakum County, Texas. Longroad Energy finalized a long-term offtake agreement with Meta late last year in the form of an Environmental Attributes Purchase Agreement, which includes a financial settlement arrangement for the entire energy output of 1000 Mile Solar.

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PUC of Texas Approves Entergy Texas' Plans to Build Over 1,200 MW of Gas-Fired Capacity

LCG, September 12, 2025--Entergy announced yesterday that the Public Utility Commission of Texas (PUCT) approved Entergy Texas’ proposal to build two efficient natural gas-fired power plants to support the region’s rapid growth. The combined electric generating capacity of the two facilities, the Legend Power Station and the Lone Star Power Station, will add over 1,200 MW to the Southeast Texas power grid to support new customer demand, increase reliability and lower costs for all customers. Both facilities are scheduled to commence operations by mid-2028.

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Industry News

Montana Power Asks for Gas, Power Rate Hikes

LCG, Aug. 14, 2000--Montana Power Co. on Friday asked state regulators for permission to increase "wires" charges to its residential electricity customers by 12 percent and "pipes" charges to its core natural gas customers by 9 percent.

The utility told the Montana Public Service Commission that the increases were required to cover costs associated with inflationary increases in operating costs, increased property and energy taxes and plant additions and upgrades. It also said it wanted to earn higher returns on equity which would make it easier to compete for investment dollars among peer companies with similar risks.

The electric distribution increase would amount to 21.2 percent for those customers who have switched to alternative power suppliers, the company said, and the gas distribution increase would be 14.3 percent for non-core gas transportation customers.

The company noted that delivery charges make up about half of its electricity customers total bills and about two-thirds of natural gas bills.For the typical residential electric customer using 750 kilowatt-hours a month, the proposal meansmonthly bills, on average, will go from $47.62 to $53.38, for an increase of about $5.76 a month or $69.12 a year. The actual impact will be higher in the winter and lower in the summer, the company said.

For a typical residential natural gas customer using 10 dekatherms a month, average monthlybills will increase from $58.21 a month to $63.27, an increase of $5.06. Again, the hike will hurt more in the winter, less in the summer.

Jack Haffey, executive vice president in charge of Montana Powers energy services division, said of the request, "It represents a four-year catch-up filing for the electric utility as rates have been frozen for two years and only modest increases were allowed two years prior to that. Meanwhile, for the gas utility, it represents a further step in the process of determining what it actually costs to provide delivery-only services to customers."

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