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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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PUC of Texas Approves Entergy Texas' Plans to Build Over 1,200 MW of Gas-Fired Capacity

LCG, September 12, 2025--Entergy announced yesterday that the Public Utility Commission of Texas (PUCT) approved Entergy Texas’ proposal to build two efficient natural gas-fired power plants to support the region’s rapid growth. The combined electric generating capacity of the two facilities, the Legend Power Station and the Lone Star Power Station, will add over 1,200 MW to the Southeast Texas power grid to support new customer demand, increase reliability and lower costs for all customers. Both facilities are scheduled to commence operations by mid-2028.

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Industry News

FERC Judge Says Investigation Shows No Manipulation by Avista

LCG, July 28, 2003--After the release on June 25th of documents relating to a Federal Energy Regulatory Commission investigation of Avista Corp.'s trading practices, the agency's Chief Administrative Law Judge, Curtis Wagner Jr., said that he is satisfied that the Commission can make a ruling based on the record, reversing an order he made on the day of the release.

At issue are trades that took place between Avista, Enron and Portland General Electric, the Enron subsidiary. FERC staff investigated over a period of months, and in January, notified Wagner that it believed Avista should be cleared of having intentionally manipulated energy markets during the Western energy crisis. In March, however, FERC staff other than those making the first determination that Avista could not be cleared when manipulation was found among numerous companies, which were ordered to justify their trading practices. Avista was said to have caused congestion on transmission lines, sold energy it could not furnish, and profited by relieving transmission congestion.

Wagner requested documentation on particular issues, which were provided. The board of FERC will next meet on Sept. 10, and may make a decision based on Wagner's findings that no manipulation by Avista occurred. Avista's CEO and president, Gary Ely, issued a statement that Wagner's finding was "a major step forward in successfully resolving this issue."
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