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News
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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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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
AES in Takeover Bid for Chile's Edelnor
LCG, Aug. 6, 2001--AES Corp. of the U.S. said on Friday that it would attempt to take over Chilean power generation company Empresa Electrica del Norte Grande S.A., or Edelnor, by making a $128 million cash offer for the company's debt.Edelnor, which is 82 percent owned by Mirant Corp., also of the U.S., operates in northern Chile's mining area and consists of 716 megawatts of generation, 1,056 kilometers of transmission and it is also an electric marketing and sales company selling to distribution and large industrial companies.AES said the offer to acquire Edelnor's debt, for which it will require a 62.5 percent discount, is contingent upon 100 percent participation by bondholders and also upon Mirant's willingness to virtually give the company away. AES says it wants all 375,844,194 shares for a total price of $1,000.Mirant may be willing to shrug off Edelnor. In a statement Friday, the company said it will not invest any more money in the Chilean firm unless it can see how it will be repaid. And Ray Hill, Mirant's chief financial officer, said "It is difficult at the present time to envision how we would receive such assurances of repayment in the absence of an advanced sales agreement for the company."The AES offer of $375 per $1,000 of Edelnor debt is higher than a $322 offer made last month by Electroandina, a Chilean power firm controlled by Tractebel of Belgium.Naveed Ismail, president of AES Andes, said, "This step by AES is further evidence of our confidence in Chile and the business climate we currently experience. We believe our offer is fair for the existing bondholders and is also an attractive investment for AES."Edelnor on Friday announced first half losses of 22.28 billion pesos ($$33 million U.S.), but Ismail said he believed that with reduced debt the company could be turned around."The only way for the company to survive is at a reduced level of debt. Our offer is based on the level of debt the company can support," he told a news conference in Santiago.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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