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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

Calpine to Buy Remaining Half of Virginia Cogen

LCG, Aug. 2, 2001Calpine Corp. it had agreed to pay Edison Mission Energy $35 million for the 50 percent equity interest it doesn't already own in a 240-megawatt combined-cycle cogeneration facility located in Gordonsville, Va.

Calpine, which acquired an initial fifty percent equity interest in the facility in 1997, said the transaction is expected to close later this summer, at which time Calpine will assume operations of the plant.

"The Gordonsville facility has a strong track record and will complement our rapidly-growingportfolio in the expansive Southeast power market," said Bob Alff, Calpine senior vice president and head of its Eastern Region.

The Gordonsville plant provides electric power and steam to Virginia Electric & Power Co. and the Rapidan Service Authority under long-term contracts that expire in 2024, the company said.

"We are very pleased with the plant's performance to date, and we believe that we can further enhance its value through our direct ownership and operation of the facility," Alff said.

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