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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

Rising Costs Lead Westar to Defer Decision on New Coal-fired Power Plant

LCG, December 29, 2006--Westar Energy Inc. announced that it plans to defer selecting a site for a new, 600-MW electric generating station due to significant increases in the estimated cost of the coal-fired facility. The company had previously expected to make the site selection by the end of 2006.

The estimated cost has increased from $1 billion to $1.4 billion since the plant was announced in May 2005. With the higher cost, the project is no longer necessarily the low-cost supply to serve the utility's growing demand for electricity in Kansas.

Duke Energy has had similar facility cost increase issues with its planned upgrade and expansion of its Cliffside Steam Station in North Carolina. In May 2005 Duke filed an application with the North Carolina Utilities Commission that included the addition of two, 800-MW coal units. Late this year, Duke announced that the estimated cost has increased from $2 billion to $3 billion. Due to the roughly fifty percent increase in the estimated cost, the Commission has scheduled additional hearings to begin January 17, 2007.





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