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Southwest Power Pool Board Approves New Process to Accelerate High Impact Large Load Connections

LCG, September 16, 2025--Southwest Power Pool’s (SPP) Board of Directors today announced that the Board approved a process to facilitate the connection of large users of electricity to the power grid while continuing to support energy needs for the entire region. SPP's new process is designed to incorporate transmission service, generation, load interconnection and other relevant reliability studies into a single framework that enables timely, informed decision-making and action.

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Longroad Energy Announces Financial Close of 1000 Mile Solar Project in Texas

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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Industry News

Bankrupt Enron to Hold Asset Sale to Fund Settlements

LCG, August 28, 2002-Enron Corporation will sell several significant assets in order to pay for settlements.

Enron announced that Oregon utility Portland General Electric and Transwestern Pipeline Company will be auctioned, along with a 50 percent stake in the Citrus Corporation, a join venture with El Paso Corporation, as will some nine other holdings.

Final bids are expected in November in order to finalize decisions by the end of the year. Decisions will be subject to bankruptcy court approval.

Experts point to the pipeline as the most likely asset to be sold at a fair price because of its reliable source of revenue.

Other financially desperate companies, such as Dynegy Corp., have also made asset sales plans as well.

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