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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

Bankruptcy Court Apprvoes PG&E Transmission Upgrades

LCG, Feb. 12, 2002--Requests made by Pacific Gas and Electric last month for approval of two major transmission projects have been answered in the affirmative by the U.S. Bankruptcy Court.

Due to PG&E's bankrupt status, spending items of over $50 million must be reviewed by the court. The Path 15 upgrade's financing is being overseen by public and private entities, many of which will co-own the lines. PG&E has been allowed to spend up to $75 million for the upgrades, which will join lines connected to the Los Banos and Gates substations.

The other item approved, the Tri-Valley Capacity Upgrade project, will lead to improvements of the California transmission system east of San Francisco. The system is nearing capacity, and serves Dublin, Livermore, Pleasanton and San Ramon, among other communities. These municipalities have granted their own approvals, as has the Official Creditors' Committee. The project will receive as much as $136.9 milion.

The Path 15 upgrade in particular was seen last year as a means of preventing future supply crises in California due to transmission bottlenecks.
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