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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

Mirant Moves into Puerto Rico Energy Market

LCG, Aug. 1, 2001--Mirant Corp. said yesterday it will purchase a 540-megawatt power plant and a liquefied natural gas terminal operated by Puerto Rican-based EcoElectrica Holdings Ltd. The move will put Mirant into Puerto Rico for the first time.

Mirant will acquire 100 percent of EcoElectrica from its owners, Edison International Inc. and Enron Corp., for about $586 million cash and will assume liabilities of $600 million, the company said.

A Mirant spokesman said in a company news release that the LNG terminal would continue to provide gas for the power plant and that there were no plans at this point to begin exporting LNG from the terminal to other market in the U.S., the Caribbean or Latin America.

Mirant's presence in the Caribbean includes ownership and operation of power plants in Jamaica,Trinidad and Tobago, and the Bahamas.

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