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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

CPUC Approves Agreement for SDG&E to Purchase Power from New Gas-fired Power Plant

LCG, February 7, 2014--The California Public Utilities Commission (CPUC) Wednesday unanimously approved an application that provides authority for San Diego Gas & Electric (SDG&E) to enter into a power purchase tolling agreement (PPTA) with the Pio Pico Energy Center, LLC (Pio Pico), a proposed 305-MW generating facility in Otay Mesa, California. In addition, the approval provides for SDG&E to recover the costs of the PPTA, subject to a cost cap.

With the CPUC?s approval, Pio Pico Energy Center, LLC is poised to move towards construction of the project. The amended PPTA includes a 25-year term, starting in June 2017.

The CPUC?s findings included that ?Pio Pico will assist in the deployment of preferred resources by providing peaking and load-following generation that will complement intermittent renewable resources, and will immediately and over time displace less efficient and higher emitting gas-fired plants.?

The CPUC also concluded that it is reasonable to adopt SDG&E?s revised transmission upgrade costs as a cap on the transmission upgrade costs that SDG&E may recover from ratepayers.

The Pio Pico project obtained the California Energy Commission (CEC) certification on September 12, 2012.

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