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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

Davis Names Aide to California Public Utilities Commission

LCG, Jan. 4, 2001California Gov. Gray Davis yesterday appointed John Stevens, his leading advisor over the past six months on energy matters, to the state Public utilities Commission, the regulatory body set to vote today on a rate increase for the state's two largest electric utilities.

The appointment gives the Democrat governor a three-to-two majority on the panel, which is headed by Davis appointee Loretta Lynch.

The appointment of Stevens could be bad news for Pacific Gas & Electric Co. and Southern California Edison Co., both of which say they will run out of money within a month if they are not allowed to charge customers the full price paid for electricity delivered to them

For more than six months, the utilities have been paying up to $1.50 per kilowatt-hour for electricity they are forced to sell to consumers for a nickel per kilowatt-hour. They say those customers now owe them close to $9 billion.

Stevens, along with Lynch and Carl Wood, a third Davis appointee, are expected to take the populist course and allow the utilities to add a penny to what they charge for a kilowatt-hour of electricity.

According to Wall Street, that will not save the companies from insolvency.

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