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RWE and Meta Announced New PPA for 200-MW Waterloo Solar Project

LCG, March 18, 2025--RWE and Meta today announced a new power purchase agreement (PPA) for offtake from RWE's 200-MW Waterloo Solar Project, which is located in Bastrop County, Texas. Under the agreement, Meta will purchase 100% of the output from the solar facility, which will support Meta's goal of matching its electricity needs with 100 percent clean energy. The project is scheduled to commence onsite construction in late 2025.

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CPUC Approves SDG&E's Westside Canal Battery Energy Storage Expansion Project

LCG, March 14, 2025--The California Public Utilities Commission (CPUC) approved an expansion of San Diego Gas & Electric's (SDG&E) Westside Canal Battery Energy Storage facility. The expansion project is located in California's Imperial Valley and will add 100 MW of energy storage capacity to the existing 131 MW facility. The new capacity is expected to be fully operational by June 2025. Upon completion, the Westside Canal facility, with a total capacity of 231 MW, will be the largest storage asset in SDG&E's utility-owned battery storage portfolio.

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Industry News

Ex-Enron Executive Says Documents Shredded During Investigations

LCG, Jan. 22, 2002--Enron's former director of foreign exchange and sovereign risk management told ABC News, and it was reported yesterday, that staff in Enron's accounting department were shredding documents as late as last week.

The executive, Maureen Castaneda, said "I can't tell you what they were searching for, but they were definitely interested in picking out certain documents." ABC News is investigating the allegation, which marks the first suggestion that documents within Enron are being shredded as numerous investigations within Congress and class-action lawsuits are being filed. Enron has said that it issued numerous directives to employees beginning in October to preserve all documents.

Castaneda told ABC News in an interview Monday that she had observed accounting department staff, whose offices were across the hall from hers, collecting boxes of documents after Thanksgiving, which they looked through. Shredded paper began to appear in trash bins, Castaneda said.

Rep. James Greenwood, R-Pa., chairs the House subcommittee that will hold a hearing this week relating to accounting firm Arthur Andersen's shredding of documents. He said, "if anyone in Enron, or for that matter Arthur Andersen, is shredding documents that have anything to do with this entire matter, they are going to be in a whole lot of trouble."

Destruction of documents requested by the SEC or other branches of the government is considered by experts to constitute a crime.
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