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DTE Energy Invests in 1.5 GW of Michigan-made Battery Energy Storage Systems for Eight Projects

LCG, May 28, 2026--DTE Energy yesterday announced a $1.6 billion investment to develop Michigan-made battery energy storage systems across Michigan through partnering with LG Energy Solution Vertech, the U.S. energy storage division of LG Energy Solution.

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Microsoft and Avangrid Sign PPA for Bluebird Solar Project in Washington State

LCG, May 27, 2026--Avangrid, Inc., a member of the Iberdrola Group, today announced the signing of a Power Purchase Agreement (PPA) with Microsoft for the 140 MWdc (100 MWac) Bluebird Solar project in Klickitat County, Washington. Bluebird is located near four other energy projects owned and operated by Avangrid in Klickitat County and represents another $300 million investment in the community. The Bluebird Solar project is expected to achieve commercial operation in 2028.

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Industry News

Dominion Completes Acquisition of Louis Dreyfus Gas

LCG, Nov. 2, 2001--Dominion Resources Inc. said yesterday it has completed the $2.3 billion acquisition of Louis Dreyfus Natural Gas Corp., and will fold the company into its Consolidated Natural Gas subsidiary.

Dominion said the acquisition more than doubles its proven reserves to more than 4.6 trillion cubic feet equivalent. That increase will permit a 40 percent expansion of production to more than 450 million cubic feet of natural gas per year.

All in all, Dominion expects the acquisition to help double its gas sales and trading volumes over the next three years.

The purchase was paid for with $890 million in cash and $900 million in stock from a new issue of 14 million shares. Consolidate also assumed $505 million of Louis Dreyfus debt.

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