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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

Williams Said to Be Close to Acquiring Gas Producer

LCG, May 7, 2001Big natural gas pipeline company The Williams Cos. is close to acquiring, Barrett Resources Corp., a large natural gas producer, for more than $2.3 billion in cash and stock, the New York Times reported this morning.

Williams appears to have trumped a hostile takeover bid of Barrett by the Royal Dutch/Shell group. An uninvited $2 billion bid in March by The Shell Oil Co., the U.S. unit of Royal Dutch/Shell, prompted Barrett to put itself up for sale, inviting bids from all comers.

The acquisition would turn Williams into a dominant vertically-integrated natural gas producer, distributor and transportation company by adding Barrett's 2.1 trillion feet of gas reserves to an already robust pipeline and trading operation.

According to persons close to the deal, Williams would pay Barrett shareholders a little more than $70 per share in cash and stock, with the distribution evenly split between cash and stock.

Neither company has commented on the transaction. A Shell spokesman wouldn't comment on the deal but said "We are disappointed that Barrett's management refused repeated attempts to meet with us even after our public commitment to negotiate all terms of a friendly transaction including price."

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