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Microsoft and Avangrid Sign PPA for Bluebird Solar Project in Washington State

LCG, May 27, 2026--Avangrid, Inc., a member of the Iberdrola Group, today announced the signing of a Power Purchase Agreement (PPA) with Microsoft for the 140 MWdc (100 MWac) Bluebird Solar project in Klickitat County, Washington. Bluebird is located near four other energy projects owned and operated by Avangrid in Klickitat County and represents another $300 million investment in the community. The Bluebird Solar project is expected to achieve commercial operation in 2028.

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ERCOT Summer 2026: What’s Driving the Next Wave of Market Risk?

LCG, May 27, 2026--ERCOT enters Summer 2026 with healthy near-term reserve margins, but rapidly growing data center demand, persistent West Texas congestion, and the rollout of RTC+B are reshaping market dynamics faster than ever.

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Industry News

Endesa to Gain Foothold in French Power Production

LCG, Nov. 7, 2000--Endesa, Spain's largest electric utility, said this morning it plans to acquire a 30 percent interest in French power producer Socit Nationale d'Electricit et de Termique for 360 million euros ($417 million U.S.).

The purchase in conditional upon Endesa being able to acquire full control of Snet in two years and is subject to approval by the French government. Snet is 81 percent owned by government-run Charbonnages de France, a mining and industrial firm, and 19 percent by Electricit de France, the government electricity monopoly.

Snet has about 2.5 percent of the French power production market, of which Electricit de France has nearly all.

Endesa is reported to have outbid Suez Lyonnaise des Eaux and Germany's RWE for Snet, but financial information was not disclosed. Last month, Endesa announced a 15.2 billion-euro ($17.6 billion) acquisition of Iberdrola, the second-largest Spanish electric utility.

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