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Longroad Energy Announces Financial Close of 1000 Mile Solar Project in Texas

LCG, September 15, 2025--Longroad Energy announced today the financial close of 1000 Mile Solar, its 300 MWac (400 MWdc) solar project in Yoakum County, Texas. Longroad Energy finalized a long-term offtake agreement with Meta late last year in the form of an Environmental Attributes Purchase Agreement, which includes a financial settlement arrangement for the entire energy output of 1000 Mile Solar.

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PUC of Texas Approves Entergy Texas' Plans to Build Over 1,200 MW of Gas-Fired Capacity

LCG, September 12, 2025--Entergy announced yesterday that the Public Utility Commission of Texas (PUCT) approved Entergy Texas’ proposal to build two efficient natural gas-fired power plants to support the region’s rapid growth. The combined electric generating capacity of the two facilities, the Legend Power Station and the Lone Star Power Station, will add over 1,200 MW to the Southeast Texas power grid to support new customer demand, increase reliability and lower costs for all customers. Both facilities are scheduled to commence operations by mid-2028.

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Industry News

European Power Outage Affects Nearly 4 Million

LCG, Sept. 26, 2003--Early Tuesday evening, southern Sweden and eastern Denmark experienced a blackout that was apparently caused by a failure on a transmission line, and which lasted several hours.

Denmark's capital city of Copenhagen as well as an industrialized area of Sweden were affected by the outage, which was estimated to have affected almost four million people across the two countries. The line that failed crosses the border between Sweden and Denmark.

The economic impact of the blackout was thought to be "very modest", according to an economist with Dankse Bank, Jesper Hansen, who was quoted in Dow Jones Newswires. While some pharmaceutical factories and other industrial facilities were forced to shut down, and nearly all businesses in Copenhagen closed, financial markets remained open, thanks to backup generators. Traffic congestion resulted on roadways, and airlines and rail traffic were temporarily disrupted until power was restored, first in Sweden and next in the islands of Denmark that had been impacted.
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