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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

NextDecade Announces Option-to-Lease Agreement with Port of Brownsville for Rio Grande LNG Project

LCG, March 6, 2015-NextDecade, LLC yesterday announced it has signed an option-to-lease agreement with the Port of Brownsville that will expand the company's site to 1,000 acres for its proposed Rio Grande Liquefied Natural Gas ("RGLNG") export terminal, doubling its initial agreement.

The founder and CEO of NextDecade stated, "NextDecade has taken a major step forward by securing such a prime site for our Rio Grande LNG project. We have worked diligently to complete our Basis of Design to ensure a competitive, well thought out and executable project and are committed to working with the Federal Energy Regulatory Commission (FERC), our industry-leading partners and the local community to bring this project to fruition."

The RGLNG site is located approximately seven miles from the Gulf of Mexico on the northern shore of the Brownsville Ship Channel, which provides access to major global LNG markets. The additional acreage will provide increased design flexibility and expansion capability.

The RGLNG project includes the 130-mile Rio Bravo Pipeline project to connect the LNG terminal with the Agua Dulce natural gas market hub.

NextDecade is currently engaged in a detailed assessment of the site to ensure that all safety and environmental requirements are met as it prepares for initial FERC pre-filing process submissions later this month.
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