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Avangrid and Puget Sound Energy Sign PPA, Including Upgrade and Life Extension, for Washington Wind Project

LCG, May 19, 2026--Avangrid, Inc., a member of the Iberdrola Group, today announced the signing of a long-term Power Purchase Agreement (PPA) with Puget Sound Energy (PSE) for the 199.5-MW Big Horn I wind project in Klickitat County, Washington. This agreement represents the fourth PPA executed by the two companies for projects in the Pacific Northwest.

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DOE Acts to Ensure Key Coal-fired Power Plants Are Available in MISO to Supply Peak Summer Demands

LCG, May 18, 2026--The U.S. Secretary of Energy today issued an emergency order to address critical grid reliability issues in the Midwest anticipated this summer. The order is in effect beginning on May 19, 2026, through August 16, 2026. The emergency order directs the Midcontinent Independent System Operator (MISO), in coordination with Consumers Energy, to ensure that the J.H. Campbell coal-fired power plant (Campbell Plant) in West Olive, Michigan shall take all steps necessary to remain available to operate and to minimize costs for the region.

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Industry News

Cape Wind Offshore Project Receives Approval of PPA

LCG, November 27, 2012--Wind farm developer Cape Wind announced Monday that the Massachusetts Department of Public Utilities (DPU) approved its 15-year power purchase agreement (PPA) with NSTAR, an operating company of Northeast Utilities, to purchase the energy, capacity and renewable energy credits from the proposed Cape Wind project.

The 468-MW Cape Wind project will include 130, 3.6-MW wind turbines located in Nantucket Sound, Massachusetts. The offshore wind farm will connect to the power grid via a 66.5-mile, buried submarine transmission cable system. The project developer has pursued government approval since 2001 and completed State and local permitting in 2009.

The newly approved, 15-year PPA with NSTAR covers 27.5 percent of Cape Wind's power. A year ago, the Massachusetts Supreme Judicial Court upheld the DPU's approval of Cape Wind's PPA with National Grid for 50 percent of Cape Wind?s power. Cape Wind?s financial advisor stated, "Taken together, these two PPAs provide Cape Wind with the critical mass to continue securing project financing."

Cape Wind expects to start construction of the wind farm in 2013 with some of the turbines in service in 2015.
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