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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

AEP Buys Enron's Houston Pipe Line

LCG, June 4, 2001--American Electric Power Co. Inc. said Friday it has completed the purchase of Enron Corp.'s Houston Pipe Line Co. intrastate natural gas pipeline subsidiary for $726.6 million. The deal includes pipelines in Texas, storage facilities and inventories of natural gas.

Houston Pipe Lines operates more than 4,400 miles of pipeline within Texas including lines linking offshore gas producing areas in the Gulf of Mexico with processing facilities and interstate pipeline in the state. The purchase adds about 2.4 billion cubic feet per day of capacity to AEP's smaller existing system.

The purchase also includes a 30-year pre-paid lease to operate the Bammel Storage Facility, which boasts about 118 billion cubic feet of capacity.

AEP said the Houston pipeline system will be operated separately from its existing facilities, but the two will be centrally controlled. The combined systems will have a daily gas capacity of around 3.2 billion cubic feet and include more than 6,400 miles of natural gas pipeline in Louisiana and Texas.

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