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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

Newsmakers

Mark Dempsey has been named West Virginia president for American Electric Power Co. Inc., effective immediately. He succeeds Stuart Solomon, who was named AEP vice president-public policy earlier this year.

Lewis Hay III, currently president of FPL Group Inc.'s independent power production company, will succeed James Broadhead as president and chief executive of the parent company, effective immediately. Broadhead, chief executive since 1989, will remain as chairman through the end of the year.

J. Gordon Hurst, executive vice president of Vectren Corp. and president of its Utility Group has announced his retirement after 39 years with the company and its predecessors. Hurst joined Southern Indiana Gas and Electric Co. in 1966 while still a student at the University of Evansville.

Kristin M. Kamm has joined AGL Resources Inc. as chief information officer. She comes to AGL from BellSouth, where she served as CIO for consumer and interconnect services.

Clyde C. Osterholtz has been assigned by the Nuclear Regulatory Commission as senior resident inspector at the San Onofre Nuclear Generating Station, a nuclear power plant owned by Southern California Edison Co. near San Clemente, Calif. He most recently was resident inspector at the Fort Calhoun Station in Nebraska.

Scott N. Smith has joined American Electric Power Co. Inc. as vice president and chief risk officer. He will be responsible for enterprise-wide risk management, including oversight of commodity, operational, credit, interest rate and currency risk across all business units and functional areas. Smith previously was vice president of risk management for Global Consumer Bank, a divisionof Citigroup.

Glen Thomas has been confirmed as a member of the Pennsylvania Public Utility Commission by the state Senate. He will replace PUC Chairman John M. Quain, whose term expired. Thomas has served as deputy policy director in the Office of Gov. Ridge.

Mario Max Yzaguirre, who recently resigned as president of Enron de Mexico, will become a member of the Public Utility Commission of Texas, filling the vacancy left by Pat Wood III. Wood stepped down to join the Federal Energy Regulatory Commission on an appointment from President Bush.

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