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Avangrid and Puget Sound Energy Sign PPA, Including Upgrade and Life Extension, for Washington Wind Project

LCG, May 19, 2026--Avangrid, Inc., a member of the Iberdrola Group, today announced the signing of a long-term Power Purchase Agreement (PPA) with Puget Sound Energy (PSE) for the 199.5-MW Big Horn I wind project in Klickitat County, Washington. This agreement represents the fourth PPA executed by the two companies for projects in the Pacific Northwest.

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DOE Acts to Ensure Key Coal-fired Power Plants Are Available in MISO to Supply Peak Summer Demands

LCG, May 18, 2026--The U.S. Secretary of Energy today issued an emergency order to address critical grid reliability issues in the Midwest anticipated this summer. The order is in effect beginning on May 19, 2026, through August 16, 2026. The emergency order directs the Midcontinent Independent System Operator (MISO), in coordination with Consumers Energy, to ensure that the J.H. Campbell coal-fired power plant (Campbell Plant) in West Olive, Michigan shall take all steps necessary to remain available to operate and to minimize costs for the region.

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Industry News

Cinergy to Buy Two Enron Plants in Southeast

LCG, Dec. 13, 2000--Cinergy Corp. said yesterday that a subsidiary and Enron North America have signed an agreement for Cinergy Capital & Trading inc. to purchase for an undisclosed sum two natural gas-fired merchant electric generating facilities located in the southeastern United States.

"This acquisition in combination with our recently deregulated Ohio generation and the peakingcapacity added early this year creates for Cinergy a significant and balanced generation portfolio ofbaseload and peaking capacity," said James E. Rogers, president and chief executive of Cinergy Corp.

The acquisition consists of Enron's 494 megawatt Brownsville generation facility located inHaywood County, Tennessee and the 504 megawatt Caledonia generation facility located inLowndes County, Mississippi, both of which entered into service in June 1999.

Both facilities are located in the Southeastern Electric Reliability Council region and are interconnected to the Tennessee Valley Authority transmission system.

The completion of the acquisition is subject to, among other things, receipt of approval of theFederal Energy Regulatory Commission and expiration of the waiting period under theHart-Scott-Rodino Antitrust Improvements Act of 1976. Cinergy said it expects that regulatoryapprovals would be obtained and the transaction will close in the spring of next year.

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