Virginia Governor Signs Executive Order to Drive Renewable Energy Installations

LCG, September 18, 2019--The Governor of Virginia signed an Executive Order 43 yesterday setting statewide goals for clean energy deployment and expands upon the Commonwealth's commitments to reduce the environmental impact, mitigate the impacts of climate change, and boost the clean energy economy in Virginia.

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Los Angeles Moves A Step Closer to Approving Huge Solar with Battery Storage Installation

LCG, September 12, 2019--The Los Angeles Department of Water and Power (LADWP) Board of Commissioners unanimously approved a plan on September 10 to install a 300-MW/1,200-MWh battery energy storage system (BESS) located at 8minute Solar Energy's (8mSE) Eland Solar and Storage Center.

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Industry News

BG North America Adds to Its Northeast Power Portfolio

LCG, December 28, 2006--BG North America, a wholly owned subsidiary of BG Group plc, announced today that it has executed an agreement to purchase the Lake Road Power Plant in Connecticut. The stated purchase price is $685 million. The purchase is expected to close in the first quarter of 2007, given timely regulatory approvals.

The Lake Road Power Plant, located in Dayville, is a combined cycle facility that can be fueled by either natural gas or oil. The electric generating capacity of the plant is 805 MW, and the plant delivers power into ISO New England (ISO-NE).

BG Group is a global natural gas business that operates four business segments ? exploration and production, LNG, transmission and distribution, and power. The purchase of the Lake Road Power Plant is the second power plant acquired this year by BG North America. In September, BG North America entered the power market by purchasing the 170-MW, gas-fired, Dighton Power Plant from Calpine Corporation for $90 million. The Dighton Power Plant, located in Massachusetts also delivers power into ISO-NE.
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