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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

New Hampshire Regulators to Auction Seabrook Nuke

LCG, Dec. 3, 2001--The New Hampshire Public Utilities Commission said this morning it has retained the investment banking firm of JPMorgan as exclusive financial advisor to conduct an auction sale of 88.2 percent of the Seabrook nuclear power plant, which is expected to be completed by the end of 2002.

Seabrook is a 1,160 megawatt pressurized water facility located 13 miles south of Portsmouth, N.H., and one of the largest power plants in New England. The commission said the sale would include buildings and components of a second Seabrook unit which was never completed.

The selling owners of Seabrook, owning 88.2 percent of the plant among them, include North Atlantic Energy Corp. with 35.98 percent ownership, The United Illuminating Co.(17.50 percent), Great Bay Power Corp. (12.13 percent), New England Power Co. (9.96 percent), The Connecticut Light & Power Co. (4.06 percent), Canal Electric Co. (3.52 percent), Little Bay Power Corp. (2.90 percent) and New Hampshire Electric Cooperative Inc. (2.17 percent).

The commission said the auction is being conducted in accordance with New Hampshire and Connecticut restructuring laws. General Counsel Gary Epler said "We are pleased to begin the auction process and look forward to executing a timely process which will maximize the value of Seabrook and reduce stranded costs for customers."

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