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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

Panda Plans 1,300 Megawatts for West Point, Texas

LCG, Jan. 12, 2001--Panda Energy International, Inc. yesterday announced the development of a $400 million, 1,300 megawatt merchant electric power plant in West Point, Texas, called the Panda Black Prairie Project. Construction is set to begin in the spring of 2002 and will take about 18 months.

City officials stated the plant will add at least $2.9 million to the tax base, $1.2 million of which will be earmarked for the West Point Public School District.

About 500 jobs and an estimated payroll of $50 million will be created during the construction period, the company said. When the plant goes into service in 2004, it will employ 45 people with over $2 million in annual payroll. Panda said it is committed to searching the local area for qualified employees before going outside the state.

West Point Mayor Kenny Dill said "The tax dollars Panda generates will help us improve roads and infrastructure, and enable our school system to add programs and facilities that otherwise would not have been possible.''

Dr. Randy Hamblin, West Point schools superintendent, was no less enthusiastic. "I understand that Panda Energy has long been a supporter of public education in the communities in which they are located, he said. "We are looking forward to having a good relationship with them here, as well."

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