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DTE Energy Invests in 1.5 GW of Michigan-made Battery Energy Storage Systems for Eight Projects

LCG, May 28, 2026--DTE Energy yesterday announced a $1.6 billion investment to develop Michigan-made battery energy storage systems across Michigan through partnering with LG Energy Solution Vertech, the U.S. energy storage division of LG Energy Solution.

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Microsoft and Avangrid Sign PPA for Bluebird Solar Project in Washington State

LCG, May 27, 2026--Avangrid, Inc., a member of the Iberdrola Group, today announced the signing of a Power Purchase Agreement (PPA) with Microsoft for the 140 MWdc (100 MWac) Bluebird Solar project in Klickitat County, Washington. Bluebird is located near four other energy projects owned and operated by Avangrid in Klickitat County and represents another $300 million investment in the community. The Bluebird Solar project is expected to achieve commercial operation in 2028.

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Industry News

Los Angeles DWR Will Sell $389 Million in Bonds

LCG, August 21, 2002-The Los Angeles Department of Water Resources intends to hold a bond sale in order to raise $388.5 million.

The LADWR recently received a credit rating upgrade from credit rating services. Standard & Poor's Rating Service and Fitch's increased the rating from AA- to A+ , and Fitch reiterated its Aa3 rating.

The credit rating improvement comes in response to LADWP's diminishing debt and lowered long-term interest rates.
The variable rate bonds will be sold as early as Wednesday.

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