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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

Peabody Issues Notice to Proceed with Prairie State Energy Campus

LCG, October 2, 2007--Peabody Energy announced yesterday that the Prairie State Energy Campus equity partners have completed financial closing and issued the notice to proceed to construct the planned coal-fired electric generating station in Washington County, Illinois.

The facility will include two, 800-MW, supercritical units that are scheduled to commence commercial operations in 2011 and 2012. The power plant will be located adjacent to the Lively Grove Coal Mine. The estimated cost of the Prairie State Energy Campus is $2.9 billion.

The Prairie State Energy Campus will provide base-load power to a number of public power entities in the region. The Prairie State partner group includes American Municipal Power-Ohio; Illinois Municipal Electric Agency; Indiana Municipal Power Agency; Kentucky Municipal Power Agency; Missouri Joint Municipal Electric Utility Commission; Northern Illinois Municipal Power Agency; Prairie Power, Inc.; and Southern Illinois Power Cooperative.

According to Peabody Energy, the partners have committed to purchasing nearly 1,435 MW or about ninety percent of the project's output, and discussions are on-going with the existing partner group to finalize ownership of the few remaining shares. Peabody expects to retain a five percent ownership position in the project.

In late August, a three-judge panel from the Seventh Circuit of the U.S. Court of Appeals affirmed the air permit for the Prairie State Energy Campus.
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