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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

NextEra Commissions Largest Concentrated Solar PV Project in North America

LCG, October 26, 2011--NextEra Energy Resources, LLC, a subsidiary of NextEra Energy, Inc., recently commissioned the Hatch Solar Center, located in Hatch, New Mexico. The 5-MW facility is now the largest concentrated photovoltaic solar facility operating in North America. The facility initially began operating in June, and the power generated is purchased by El Paso Electric under a 25-year power purchase agreement (PPA).

The Hatch Solar Center employs 84 Amonix 60-kW units and include dual-axis tracking systems to maximize energy production throughout the day. Amonix CEO stated, "The Hatch Solar Energy Center is in a prime sunny and dry location, perfect for Amonix technology, which generates more energy per acre than any other solar technology."

According to a recent presentation, NextEra Energy Resources has substantial wind and solar investments planned for 2011 through 2014 for which it has already secured long-term power purchase agreements, and its capital expenditures in 2011-2012 are estimated to be slightly higher for solar ($1.675 - $1.875 billion) than wind ($1.450 - $1.650 billion) projects.
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