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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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ERCOT Summer 2026: What’s Driving the Next Wave of Market Risk?

LCG, May 27, 2026--ERCOT enters Summer 2026 with healthy near-term reserve margins, but rapidly growing data center demand, persistent West Texas congestion, and the rollout of RTC+B are reshaping market dynamics faster than ever.

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Industry News

Enron's Fastow Surfaces -- Not Much to Say

LCG, Dec. 13, 2001--Andrew Fastow, the formerly missing former chief financial officer of Enron Corp., was put on display at a Houston news conference yesterday by super-litigator David Boies, but he was limited by his lawyers in what he could say.

"Hello. Happy holiday season. Thank you for coming," Fastow said, exactly as instructed.

At the same time, lawyers from the Attorney General's Office and the Securities and Exchange Commission who thought Fastow was supposed to be talking to them asked a federal judge to enforce an October 31 subpoena to which Fastow had not responded.

"This is not a situation where he is not going to be available," Boies said, acknowledging that the sole purpose of the Houston press conference was to show that the former Enron executive had not fled the country. "Mr. Fastow will be responding to a variety of inquiries from a variety of government agencies," Boies said.

When reporters asked if Fastow had been out of the country in the past two months, Boies said the question was irrelevant.

When Fastow failed to meet with SEC officials and lawyers from the Justice Department, the SEC asked a federal judge in Washington to enforce its October subpoena and the Justice Department rescheduled the meeting. Neither move seemed to impress Boies.

"We told the SEC we would be happy to present Mr. Fastow, however we were not going to be in a position to turn him over to the SEC on 48 hours notice," Boies said, adding "People know that Mr. Fastow is available, but he is not going to be available on 48 hours notice."

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