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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

Dominion Resources Completes Exit from Latin America

LCG, Oct. 13, 2000Sempra Energy International, a subsidiary of utility holding company Sempra Energy Inc., said yesterday it has completed the purchase of Dominion Resources Inc. natural gas and electricity assets in Argentina for $145 million.

The deal, which has been approved by Argentine anti-trust authorities, completes Dominion's exit from Latin America.

Thomas E. Capps, Dominion's chairman, president and chief executive, said "The transaction will enable Dominion to enhance the company's debt structure and de-leverage its balance sheet. And itadvances our long-term strategy to divest non-core assets and focus our resources on energy markets in the Midwest, Northeast and Mid-Atlantic regions of the United States."

The principal asset Sempra acquired was an additional 21.5 percent interest in Sodigas Pampeana and Sodigas Sur, raising its total stake to 43 percent. The Sodigas firms are holding companies for Camuzzi Gas Pampeana and Camuzzi Gas del Sur, which serve a combined 1.2 million customers in central and southern Argentina.

Camuzzi Argentina owns the controlling 57 percent interest in the Sodigas companies. Sempra agreed to sell one of the assets acquired from Dominion, a 25 percent interest in Baeco which is a holding company for electric distributor Empresa Distribuidora de Energia Atlantica, to Camuzzi for an undisclosed sum.

Camuzzi Argentina is a subsidiary of Italian Camuzzi Gazometri.

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