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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

World Bank to Give $199 Million for Bangladesh Electricity

LCG, June 26, 2002--Yesterday, the World Bank allotted money in the form of credit and grants to Bangladesh for energy development.

The $199 million consists of $191 million interest-free credit and an $8 million grant.

The World Bank intends the money to be used in rural electrification and renewable energy project, to expand service to 700,000 remote customers.

The project is estimated to cost $298 million, $92 million of which will come from the Bangladesh government.

About 10 million households in Bangladesh do not have electricity. The population of Bangladesh is over 133 million.

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