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Arbor Signs Agreement with GridMarket for 5 GW of Baseload Power

LCG, March 25, 2026--Arbor Energy today announced an agreement with GridMarket, an energy and infrastructure project facilitator, to deliver up to 5 GW of zero-emission power starting in 2029. GridMarket supports large energy users, including data centers, manufacturers, and logistics providers, with securing reliable and cost-effective power.

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Faster-than-Expected Data Center Load Growth May Cause Increased Regional Short-term Fossil Fuel Generation and Wholesale Electricity Prices

LCG, March 18, 2026--The EIA released a new "In-depth Analysis" of the potential impact of faster-than-expected near-term growth in data center power demand on power generation and wholesale prices on March 12. The analysis models the lower 48 states through 2027 and compares results to its base case scenario. Key takeaway from this sensitivity analysis is the potential increase in fossil fuels in some regions and potentially a significant increase in wholesale prices in ERCOT.

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Industry News

Mirant Buys Half of Avista Oregon Power Project

LCG, Oct. 24, 2001--Mirant Corp. and Avista Corp. announced separately this morning that they had signed a letter of intent for Mirant to acquire a 50 percent interest in a 280 megawatt power project being developed by Avista near Boardman, Ore.

The Coyote Springs 2 power project is currently under construction and is expected to begin commercial operation next summer. The natural gas-fueled, combined-cycle will be connected to the Bonneville Power Administration's transmission system.

Mirant said the reason for its investment was to expand its generation capacity in the pacific northwest, while Avista said the sale was to save money, though precise financial details were not disclosed.

The two companies will share equally in the costs of construction and operation of the plant and will jointly own the project. They also will share equally in the marketing of the plant's output.

Avista said it has already spent about $140 million on the facility, which has an estimated total cost of between $180 million and $190 million. The company is making an effort to reduce capital expenditures by more than $50 million by the end of next year.

The companies said the deal is expected to close by the end of this year.

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