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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

Newsmakers

Kenneth Whipple will take the place ofWilliam T. McCormick as chairman and chiefexecutive at CMS Energy Corporation. Whippleplans to stay less than a year and will be assisted byMcCormick in the search for a more permanent CEO.

Dynegy Inc. has appointed Daniel L.Dienstbier as interim chief executive as CEOChuck Watson resigned. Dienstbier is a boardmember and also serves as president of NorthernNatural Gas.

German utility RWE AG named Harry RoelsChairman, replacing the retiring Dietmar Kuhnt.Roels has previously served in several capacities atRoyal Dutch/Shell Group.

Enron board members Frank Savage andJohn Mendelsohn resigned from their posts.John W. Ballentine and Corbin A. McNeillJr. have been elected to replace them.

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