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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

Maine Approves Canadian Takeover of Bangor Hydro

LCG, Dec. 19, 2000--The Maine Public Utilities Commission yesterday approved the acquisition of Bangor Hydro-Electric Co. by Canadian utility holding company Emera Inc., the owner of Nova Scotia Power Inc.

Under the deal, Emera will acquire all of the outstanding common stock of Bangor Hydro for $205 million U.S. The transaction was approved by shareholders of the Maine utility in October.

Robert S. Briggs, president of Bangor Hydro, said he was pleased Maine regulators acted so rapidly. "Maine PUC approval is necessary in order to achieve the rest of the required approvals, and now we will focus our efforts on them", he said. "The sooner we close this merger, the sooner we can begin to realize the benefits for all parties."

Bangor Hydro said approvals still pending include the U.S. Federal Energy Regulatory Commission and the U.S. Securities and Exchange Commission. The processes for all necessary regulatory approvals are expected to be complete in the first half of 2001.

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