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ERCOT Announces Organizational Changes to Promote Grid Reliability, Rapid Demand Growth, and Innovation

LCG, December 12, 2025--Today, the Electric Reliability Council of Texas, Inc. (ERCOT) announced strategic organizational changes designed to accelerate innovation, strengthen grid reliability, and support the unprecedented growth in the demand for electricity across Texas. To meet these objectives, ERCOT created two new organizations: Interconnection and Grid Analysis, and Enterprise Data and Artificial Intelligence (AI). The two organizations will formally launch in January 2026.

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NextEra Energy Resources and Basin Electric Power Cooperative Announce MOU to Develop 1,450-MW Natural Gas-fired Power Plant in North Dakota

LCG, December 8, 2025--Basin Electric Power Cooperative (Basin Electric) and NextEra Energy Resources, LLC (NextEra) today announced that they have signed a memorandum of understanding (MOU) to explore the joint development of the River Run Energy Center, a new combined-cycle natural gas-fueled generation facility in Basin Electric's North Dakota service territory. The proposed facility will have a planned capacity of approximately 1,450 MW.

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Industry News

Nisource-Columbia Energy Deal Done

LCG, Nov. 2, 2000--Nisource Inc. said yesterday it has completed its $6 billion hostile takeover of Columbia Energy Group, saying the merger has created the largest U.S. natural gas distributor east of the Rocky Mountains, with wholesale and retail gas and electric operations.

The new company's stock will continue to trade on the New York Stock Exchange under the symbol "NI" but a couple of other financial page items will change. Columbia had been a part of Standard & Poor's 500 index and the Down Jones utility and 65-stock composite averages, while the smaller Nisource was not.

Typesetters will have to make the switch for those indexes, and Nisource will suddenly become a "large-cap" company.

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