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ERCOT Announces Organizational Changes to Promote Grid Reliability, Rapid Demand Growth, and Innovation

LCG, December 12, 2025--Today, the Electric Reliability Council of Texas, Inc. (ERCOT) announced strategic organizational changes designed to accelerate innovation, strengthen grid reliability, and support the unprecedented growth in the demand for electricity across Texas. To meet these objectives, ERCOT created two new organizations: Interconnection and Grid Analysis, and Enterprise Data and Artificial Intelligence (AI). The two organizations will formally launch in January 2026.

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NextEra Energy Resources and Basin Electric Power Cooperative Announce MOU to Develop 1,450-MW Natural Gas-fired Power Plant in North Dakota

LCG, December 8, 2025--Basin Electric Power Cooperative (Basin Electric) and NextEra Energy Resources, LLC (NextEra) today announced that they have signed a memorandum of understanding (MOU) to explore the joint development of the River Run Energy Center, a new combined-cycle natural gas-fueled generation facility in Basin Electric's North Dakota service territory. The proposed facility will have a planned capacity of approximately 1,450 MW.

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Industry News

Dominion Resources to Buy Cleveland Company

LCG, Nov. 6, 2000--Dominion Resources Inc. said Friday its Dominion Energy subsidiary has agreed to acquire Cleveland Energy Resources, a provider of steam and chilled water to downtownCleveland, for an undisclosed sum.

The sellers are Cleveland Thermal Energy Corp. and Cleveland district Cooling Corp., both subsidiaries of an Ipalco Enterprises Inc. financial unit. Dominion Resources, based in Richmond, Va., said the acquisition will increase its presence in Ohio.

"Our goal is to provide downtown Cleveland with a source of economical and reliable steam andchilled water," said Thomas F. Farrell II, chief executive of Dominion Energy. "Dominion plans to expand this system to serve new construction and additional existing buildings downtown. We also plan to invest capital in the system to make it more efficient and reliable."

Upon acquisition the business will be known as Dominion Cleveland Thermal. It will serve 100customers in downtown Cleveland, including the City of Cleveland, Cuyahoga County andCleveland State University.

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