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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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PUC of Texas Approves Entergy Texas' Plans to Build Over 1,200 MW of Gas-Fired Capacity

LCG, September 12, 2025--Entergy announced yesterday that the Public Utility Commission of Texas (PUCT) approved Entergy Texas’ proposal to build two efficient natural gas-fired power plants to support the region’s rapid growth. The combined electric generating capacity of the two facilities, the Legend Power Station and the Lone Star Power Station, will add over 1,200 MW to the Southeast Texas power grid to support new customer demand, increase reliability and lower costs for all customers. Both facilities are scheduled to commence operations by mid-2028.

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Industry News

New England Ready for Summer, ISO Says

LCG, May 18, 2001The operator of New England's bulk power grid said yesterday that there should be a sufficient supply of electricity to meet the summer needs of the region, refuting in part a report released Tuesday by the North American Electric Reliability Council.

ISO-New England said that NERC did not take into account firm agreements with Hydro-Quebec of Canada for at least 1,500 megawatts of power.

In its Summer 2001 forecast released last month, the ISO said that despite projected record-setting demand the region should not face blackouts, but conceded that extremely hot days or an extended heat wave could require the implementation of conservation measures.

"ISO New England is forecasting an adequate supply of electricity for the New England region thissummer," Stephen G. Whitley, vice president for system operations, said. "New England does not face the supply problems that are at the root of the crisis in California. Because of the addition of several new power plants throughout the New England region over the past two years, the growth in supply is outpacing the growth in demand."

With 1,000 megawatts of new electric generation added since June 2000, and another 1,600 megawatts expected to be on-line this summer, New England projects a reserve margin of almost 19%, which is higher than most other areas of the country, the ISO said.

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