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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

Biomass Power Plant in California Begins Operation

LCG, June 18, 2001A financial subsidiary of natural gas giant El Paso Corp. said this morning that a biomass-fueled power plant near Fresno, Calif., for which it provided funding has begun commercial operation two weeks ahead of schedule and is pumping 25 megawatts of electricity into the energy-starved California wholesale power market.

EP Power Finance provided funding to Madera Power, a subsidiary of Energy Products of Idaho,enabling the company to acquire and refurbish the previously dormant power plant. The facility uses biomass materials that typically include grape by-products, wood chips, and tree trimmings that would otherwise be disposed of in local landfills or burned in open fields.

"We have been pleased to work with EP Power Finance to help provide additional electricity to theCalifornia grid while using an innovative renewable energy source," said Leroy Pope, generalmanager of Energy Products of Idaho. "This partnership has enabled our company to pursue thisviable opportunity to revive a quiescent project to help meet local energy demands."

Power generated by the Madera plant is being sold into the wholesale merchant market. The project attracted considerable interest due to the rapid start-up date, and the company is still in the process of negotiating long-term contracts with a number of potential customers.

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