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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

ExxonMobil Receives Approval from FERC for Vista del Sol LNG Terminal

LCG, June 17, 2005--The Federal Energy Regulatory Commission (FERC) authorized on June 15 the construction of a liquefied natural gas (LNG) terminal and related pipeline facilities proposed by ExxonMobil Corporation's affiliates, Vista del Sol LNG Terminal LP and Vista del Sol Pipeline LP. The proposed terminal will be located along the Gulf of Mexico near Corpus Christi, Texas in San Patricio County.

The proposed terminal will be able to receive approximately 1.1 Bcf/day of LNG. After the natural gas is vaporized, a proposed 36-inch diameter pipeline, with a capacity of 1.4 Bcf/day, will deliver the gas to existing pipelines for transportation throughout the North American gas network. The LNG supplies received from outside North America will supplement domestic gas supplies.

The project is scheduled to be completed and operational in 2008.

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