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Southwest Power Pool Board Approves New Process to Accelerate High Impact Large Load Connections

LCG, September 16, 2025--Southwest Power Pool’s (SPP) Board of Directors today announced that the Board approved a process to facilitate the connection of large users of electricity to the power grid while continuing to support energy needs for the entire region. SPP's new process is designed to incorporate transmission service, generation, load interconnection and other relevant reliability studies into a single framework that enables timely, informed decision-making and action.

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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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Industry News

Spanish Regulators Due to Rule on Endesa-Iberdrola Deal

LCG, Jan. 10, 2001Spanish regulators were to rule today on the planned acquisition of Iberdrola by Endesa, a combination which if left alone would result in a company controlling more than 80 percent of Spain's power supply.

People familiar with the Spanish competition tribunal say that its criterion will be that the combined company control a maximum of 40 percent of the separate sectors of the country's electricity business. The companies have expressed willingness to cut back their combined generating capacity to 40 percent of the market, but they had planned to keep at least half of their 8 million retail customers and almost two-thirds of the Spanish transmission and distribution business.

In making its offer for Iberdrola, Endesa trumped a bid by Gas Natural, an affiliate of Repsol YPF, and now Repsol is the most vocal critic of the Endesa-Iberdrola combination. Repsol want the deal blocked until the companies provide a list of the businesses they are willing to divest and a timetable for disposing of them.

Endesa and Iberdrola have both said that government conditions imposed on the merger could scotch the deal if they were too severe. Iberian observers pooh-pooh such talk as rhetoric aimed at speeding up the approval.

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