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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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PUC of Texas Approves Entergy Texas' Plans to Build Over 1,200 MW of Gas-Fired Capacity

LCG, September 12, 2025--Entergy announced yesterday that the Public Utility Commission of Texas (PUCT) approved Entergy Texas’ proposal to build two efficient natural gas-fired power plants to support the region’s rapid growth. The combined electric generating capacity of the two facilities, the Legend Power Station and the Lone Star Power Station, will add over 1,200 MW to the Southeast Texas power grid to support new customer demand, increase reliability and lower costs for all customers. Both facilities are scheduled to commence operations by mid-2028.

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Industry News

SunEdison Closes on 300-MW Wind Farm in Texas

LCG, August 6, 2015-SunEdison, Inc. yesterday announced that it has closed financing and commenced construction on the 300-MW South Plains II wind farm in Texas. Citi provided the construction loan facilities for the project and BHE Renewables, a subsidiary of Berkshire Hathaway Energy, in partnership with Citi, will invest in the tax equity. Hewlett-Packard plans to purchase 112 MW of the capacity to power 100 percent of its Texas-based data centers as part of the company's sustainable cloud initiative. An affiliate of Citi will purchase the remaining 188 MW capacity.

The South Plains II project, located in Floyd County, will use wind turbines supplied by Vestas. The project is scheduled to be completed in 2016. Operation and maintenance will be performed by SunEdison Services. Upon completion, TerraForm Power anticipates acquiring the project, which is forecast to generate approximately 1,200 gigawatt-hours of energy each year.

The president of BHE Wind, a division of BHE Renewables, stated, "Our company has been a leader in wind project development and ownership. As we look for new ways to be involved in developing renewable generation, we see tremendous opportunity to move the industry forward through investment in the tax equity market."
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