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Southwest Power Pool Board Approves New Process to Accelerate High Impact Large Load Connections

LCG, September 16, 2025--Southwest Power Pool’s (SPP) Board of Directors today announced that the Board approved a process to facilitate the connection of large users of electricity to the power grid while continuing to support energy needs for the entire region. SPP's new process is designed to incorporate transmission service, generation, load interconnection and other relevant reliability studies into a single framework that enables timely, informed decision-making and action.

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Longroad Energy Announces Financial Close of 1000 Mile Solar Project in Texas

LCG, September 15, 2025--Longroad Energy announced today the financial close of 1000 Mile Solar, its 300 MWac (400 MWdc) solar project in Yoakum County, Texas. Longroad Energy finalized a long-term offtake agreement with Meta late last year in the form of an Environmental Attributes Purchase Agreement, which includes a financial settlement arrangement for the entire energy output of 1000 Mile Solar.

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Industry News

Sierra Pacific Says Portland General Deal Kaput

LCG, April 27, 2001--Sierra Pacific Resources Corp. owner of both Nevada electric utilities, said yesterday its deal to buy Enron Corp.'s Portland General Electric Co. subsidiary has been terminated by mutual agreement.

Last month, Enron Chief Executive Jeffrey Skilling said that the transaction had only a "5 percent probability" of going through, citing regulatory changes in Nevada which would affect Sierra Pacific's ability to consummate the deal.

A month ago, Nevada regulators told Nevada Power Co. and Sierra Pacific Power Co. to hold off on selling their power plants because of fears that California's energy crisis could spread across the border. Last week, the Nevada legislature officially put electric deregulation on hold, and the measure was immediately signed into law.

Sierra Pacific Resources had planned to use the proceeds from its power plant sales to pay Enron for its Portland, Ore., utility.

"While this acquisition would have offered many efficiencies in utility distribution for customers in both Nevada and Oregon, completing it was becoming increasingly difficult in the current market andpolitical environment in the west," said Walt Higgins, Sierra Pacific Resources chief executive.

Skilling said in a statement yesterday "As we have discussed in the past few weeks, the energy markets in California and Nevada have led to a regulatory and legislative environment that has made this transaction increasingly difficult to complete."

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