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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

PSEG to buy 35 Percent of Polish Power Plant

LCG, Aug. 31, 2001--U.S. utility holding company Public Service Enterprise Group Inc. said yesterday that it will take a 35 percent interest in Elektrownia Skawina, a coal-fired power plant that supplies a fifth of the power needs of the Krakow area in Poland.

"We are expecting to sign a deal around September 15," said George Holoyda, manager of PSEG's Polish unit. The Polish treasury said it would likely sign a sales agreement with PSEG by the end of September.

PSEG, which will pay $25 million for its share of the 590 megawatt plant, beat out rival bids from French utilities Electricit de France and Snet. Under terms of the purchase, the American company will be allowed to increase its stake to more than 50 percent by investing in the facility.

Skawina is the last of Poland's conventional power plants to be sold under the country's privatization program, which is expected to be completed in 2005. Three cogeneration plants and one electric distribution firm remain to be sold this year.

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