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SPP's Western Expansion Set for Implementation on April 1

LCG, March 13, 2026--The Southwest Power Pool (SPP) announced yesterday that leaders from the participating organizations voted unanimously to proceed as planned with expanding its regional transmission organization (RTO) services into the Western Interconnection. SPP sees the decision to proceed as planned as a strong signal of confidence as SPP and its partner utilities prepare for this key milestone, which will occur overnight between March 31 and April 1.

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Entergy Estimates Customer Savings of $5B from "Fair Share Plus" Data Center Agreements

LCG, March 6, 2026--Entergy yesterday announced approximately $5 billion in total savings for 2.3 million customers in Arkansas, Louisiana and Mississippi resulting from data center customer agreements in those states. Entergy, which completed its first data center customer agreement in 2024, projects the customer savings over the next 20 years and after the regulatory approval or acknowledgement of the public service commissions in those states.

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Industry News

Rising Profile of Coal Underlined by Private Equity

LCG, June 15, 2004--Several private equity firms have bought U.S. assets of a German holding company, RAG Coal International AG, for approximately $1 billion, to form a new company, American Coal Holdings Inc., which will be the fourth-largest coal company in the U.S.

The announcement of the deal in late May by First Reserve Corp., Blackstone Group, and American Metals & Coal International Inc., gives First Reserve and Blackstone 42.% stakes each in the company, while American Metals will own the remainder, without voting privileges.

The assets include mines in Wyoming, Pennsylvania, West Virginia and Illinois, from which approximately 65 million tons are produced annually. The U.S. accounts for approximately one-quarter of global coal supply, while the price of the fuel in the U.S. has risen about 50%, after a sustained rise in natural gas prices, as well as in oil.

Blackstone has made previous inroads into the energy sector, with previous purchases of stakes in both an oil firm and a petroleum refinery. First Reserve has already bought into a mining company and an owner of coal reserves.
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