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Southwest Power Pool Board Approves New Process to Accelerate High Impact Large Load Connections

LCG, September 16, 2025--Southwest Power Pool’s (SPP) Board of Directors today announced that the Board approved a process to facilitate the connection of large users of electricity to the power grid while continuing to support energy needs for the entire region. SPP's new process is designed to incorporate transmission service, generation, load interconnection and other relevant reliability studies into a single framework that enables timely, informed decision-making and action.

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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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Industry News

Enron to Sell Stakes in Two Brazil Gas Distributors

LCG, May 1, 2001Brazil's state-run oil company Petrobras said yesterday that it had agreed with U.S. energy conglomerate Enron Corp. to buy Enron's interests in two Rio de Janeiro natural gas distribution companies.

Petrobras said in a news release that it had signed a deal on Sunday to buy Enron's 25.38 percent stake in Cia Distribuidora de Gas do Rio de Janeiro that distributes gas in the city of Rio de Janeiro, and 33.75 percent in CEG-Rio that serves Rio de Janeiro state.

The Brazilian petroleum company said it has agreed to the acquisitions "along with other investors," which could mean its Petros pension fund. Sources in Brazil said the purchases could be evenly split between the two in order to avoid the two gas distributors becoming technically "re-nationalized." They were privatized in 1997.

The government's BNDES development bank has a 34.5 percent interest in the Rio city distributorship and BR Distribuidora already owns 25 percent of CEG-Rio.

Even without the two Rio de Janeiro companies, Enron will have a significant presence in Brazil through its Gaspart subsidiary, which controls natural gas distribution firms in seven Brazilian states.

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