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RWE and Meta Announced New PPA for 200-MW Waterloo Solar Project

LCG, March 18, 2025--RWE and Meta today announced a new power purchase agreement (PPA) for offtake from RWE's 200-MW Waterloo Solar Project, which is located in Bastrop County, Texas. Under the agreement, Meta will purchase 100% of the output from the solar facility, which will support Meta's goal of matching its electricity needs with 100 percent clean energy. The project is scheduled to commence onsite construction in late 2025.

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CPUC Approves SDG&E's Westside Canal Battery Energy Storage Expansion Project

LCG, March 14, 2025--The California Public Utilities Commission (CPUC) approved an expansion of San Diego Gas & Electric's (SDG&E) Westside Canal Battery Energy Storage facility. The expansion project is located in California's Imperial Valley and will add 100 MW of energy storage capacity to the existing 131 MW facility. The new capacity is expected to be fully operational by June 2025. Upon completion, the Westside Canal facility, with a total capacity of 231 MW, will be the largest storage asset in SDG&E's utility-owned battery storage portfolio.

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Industry News

Williams to Spin Off Communications Business

LCG, April 2, 2001The Williams Cos. board of directors on Friday made plans to spin off the company's Williams Communications affiliate, saying the move was a logical step toward boosting value for shareholders.

The Williams board said it would distribute as a stock dividend to the company's shareholders about 400 million shares of the Williams Communications stock it currently owns. The distribution will represent about 95 percent of the parent company's stake.

"Given our revenue growth, our solid financing plan, our fully operational network and our stablecustomer base, this spinoff, is the natural evolution of a business strategy begun in 1998, when were-entered the telecommunications space," Howard Janzen, president and chief executive ofWilliams Communications said in a statement.

Williams Communications has been on a roll, doubling its revenues over the past year and completing a 33,000 mile fiber optic network connecting 125 cities a year ahead of schedule. Among the users of the network are long distance telephone companies, Internet providers, all of the major news and broadcast services and more than 600 television stations.

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