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RWE and Meta Announced New PPA for 200-MW Waterloo Solar Project

LCG, March 18, 2025--RWE and Meta today announced a new power purchase agreement (PPA) for offtake from RWE's 200-MW Waterloo Solar Project, which is located in Bastrop County, Texas. Under the agreement, Meta will purchase 100% of the output from the solar facility, which will support Meta's goal of matching its electricity needs with 100 percent clean energy. The project is scheduled to commence onsite construction in late 2025.

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CPUC Approves SDG&E's Westside Canal Battery Energy Storage Expansion Project

LCG, March 14, 2025--The California Public Utilities Commission (CPUC) approved an expansion of San Diego Gas & Electric's (SDG&E) Westside Canal Battery Energy Storage facility. The expansion project is located in California's Imperial Valley and will add 100 MW of energy storage capacity to the existing 131 MW facility. The new capacity is expected to be fully operational by June 2025. Upon completion, the Westside Canal facility, with a total capacity of 231 MW, will be the largest storage asset in SDG&E's utility-owned battery storage portfolio.

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Industry News

EdF Buys UK Distribution, Generation from TXU

LCG, Nov. 19, 2001--Electricit de France made further inroads into the British electricity market today with the 1.31 billion ($1.86 billion U.S.) acquisition of distribution company Eastern Electricity and the 366 million ($520 million) purchase of the 2,000 megawatt West Burton power station.

The seller in both instances was TXU Europe, a unit of U.S. utility holding company TXU Corp.

Bruno Lescoeur, chief executive of EdF's London Electricity, said the deals "are part of our strategy to consolidate our position within the UK market, which is consolidating."

Eastern Electricity's distribution network in East Anglia will be folded into London Electricity and the West Burton station will give EdF something like 7 percent of the British generation market -- still well behind rivals such as Powergen.

Paul Marsh, chief operating officer of TXU Europe, said "We will now focus on continuing our history of outstanding earnings growth by further strengthening our business in the UK market and accelerating our already rapid growth in the rest of Europe."

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