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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

Aquila to Buy NorCal Gas Storage Development

LCG, Aug. 23, 2001--Natural gas firm Aquila Inc. said this morning it has formed a partnership with ArcLight Energy Partners Fund I L.P. to purchase a natural gas storage development company that owns a facility now under construction in energy-short Northern California.

The company, Western Hub Properties L.L.C., a Houston-based natural gas storage development firm, owns the Lodi Gas Storage facility, located about 35 miles south of Sacramento near the farming town of Lodi.

Lodi is where most of the grapes for Tokay wine are grown.

Aquila said that the total cost to purchase and complete construction of the Lodi facility is estimated at approximately $220 million. The acquisition is subject to the approval of the California Public Utilities Commission.

"In the past year it's been clearly demonstrated that California's need for more energy is growing," said Keith Stamm, Aquila's chief executive officer. "Demand for natural gas in this region is expected to increase dramatically as new gas turbine-driven power plants come on line in 2002 and 2003."

Aquila said the facility will have the high-performance, quick-cycle capabilities, will store about 12 billion cubic feet of natural gas, have a planned injection rate of 400 million cubic feet a day and a withdrawal rate of 500 million cubic feet per day. It will be able to cycle its inventory up to six times a year.

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