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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

PSEG Power Acquires Natural Gas-Fired Power Project in Maryland

LCG, June 18, 2015-PSEG Power announced today that, through its wholly-owned subsidiary PSEG Fossil, it has acquired the 755-MW Keys Energy Center project from Genesis Power, LLC and an energy-focused private equity fund managed by Ares EIF Management, LLC. The natural gas-fired, combined-cycle project, located in Prince George's County, Maryland, represents an investment of $825 - $875 million.

Construction on the project is scheduled to begin this year, with the plant operational and supplying capacity and energy in 2018. PSEG Fossil will oversee construction, operate and maintain the combined-cycle facility, which will incorporate two gas-fired turbines and one steam turbine. The project is located near Brandywine, Maryland.

The Keys Energy Center will connect to the Potomac Electric Power Company (PEPCO)/PJM 500 kV transmission line that is adjacent to the property. No new transmission lines are necessary, and a major interstate natural gas pipeline is nearby to deliver fuel to the power plant.

PSEG Power's president and COO stated, "The new plant offers a strong operational and financial fit for PSEG Power's balanced generation portfolio and will expand our footprint in our core PJM market. This is an opportunity to add to the reliability of the energy grid, provide clean energy to Maryland and create new jobs and economic activity locally and within the region."
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