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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

FERC Releases New Utility Debt Restrictions

LCG, February 20, 2003As part of its decision regarding Westar Energy Inc.s debt-related request, FERC has issued debt financing guidelines for utilities.

Today, the Federal Energy Regulatory Commission (FERC) approved Westar Energy Inc.s proposition to raise as much as $650 million in long-term and unsecured debt. The largest electric utility in Kansas, Westar Energy has been trying to reduce its debt by several means, including the sale of non-utility assets and dividend reduction.

According to the commissions decision, Westars sale or placement of long-term, unsecured debt must be accompanied by a filing of a Report of Securities, issued within 30 days of the event.

While FERC will allow Westar Energy to finance its debt, the commission simultaneously released guidelines regarding public utility debt in order to prevent borrowed funds from being used for non-utility purposes.

According to FERCs website, www.ferc.fed.us, these guidelines are:

Public utilities seeking authorization to issue debt backed by a utility asset must use the proceeds of the debt for utility purposes only.

If any utility assets that secure debt issuances are "spun off," the debt must follow the asset and also be "spun off."

If any of the proceeds from unsecured debt are used for non-utility purposes, the debt must follow the non-utility assets. If the non-utility assets are "spun off," then a proportionate share of the debt must follow the "spun-off" non-utility asset.

If utility assets financed by unsecured debt are "spun off" to another entity, then a proportionate share of the debt must also be "spun off."

The commission noted that the new guidelines would apply to all approved secured and unsecured debt authorized by the Commission.

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