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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

SEC Okays Allegheny Energy's Purchase of Mountaineer Gas

LCG, Aug. 15, 2000--Allegheny Energy Inc.s electricity and natural gas distribution subsidiary yesterday received approval from the U.S. Securities and Exchange Commission for its pending acquisition of Mountaineer Gas Co., a wholly-owned subsidiary of Energy Corp. of America.

The acquisition of Mountaineer Gas, the largest natural gas provider in West Virginia, will add about 200,000 customers to Allegheny Powers base. Last December, the company acquired West Virginia Power Co. from UtiliCorp United Inc., adding 26,000 electric and 24,000 gas customers.

Alan J. Noia, chief executive of Allegheny Energy, said "Acquiring Mountaineer Gas represents an important step in the growth of our energy delivery business. In the past seven months, with the acquisitions of West Virginia Power and Mountaineer Gas, we will have added more than 250,000 customers, a 15 percent increase, to our customer base. Allegheny's reputation of superior customer service and operational excellence will ensure the success of this regional expansion."

The SEC approval of the Mountaineer Gas acquisition was the last required, and the company expects to close the transaction by the end of this month.

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