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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

UtiliCorp May Sell Wires and Pipes Construction Unit

LCG, Nov. 17, 2000--UtiliCorp United Inc. said yesterday that it might sell its construction business that builds and maintains the company's electric power and natural gas transmission systems, if it can find a bidder.

Any sale would carry with it a requirement that the new owner continue to support UtiliCorp's construction and maintenance programs in the seven states where it operates transmission facilities.

George Minter, a UtiliCorp spokesman, said "Globally, we're seeing a lot of this type of unbundling. We've made similar moves internationally, in Australia, New Zealand and Canada. We're trying to use what we learned in those transactions to maximize our value in the U.S."

Jim Miller, a senior vice president of UtiliCorp and chief executive of its U.S. utility unit, said it was possible the value of the company's parts was greater than the value of the sum of those parts. He also said any deal would protect the interests of customers and employees.

UtiliCorp employs about 900 people in its transmission systems in Colorado, Iowa, Kansas, Michigan, Minnesota, Missouri and Nebraska.

"We anticipate bids from other utilities with strategies focused on network construction andmaintenance, and from firms already specializing in this segment to serve the burgeoning demand forthe construction of fiber-optic networks and energy infrastructure," Miller said in a statement.

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