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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

Arizona Judge Recommends Divestiture Delay

LCG, July 24, 2002-Arizona Corporation Commission Judge Lyn Farmer issued an opinion yesterday recommending delaying the transfer of Arizona utilities' assets to unregulated affiliate companies.

Judge Farmer wrote that the divestiture of assets should wait until at least July 1, 2004. The intervening time would be spent conducting electricity market studies in order to guide the Arizona Corporation Commission in setting mitigation measures preventing negative market impact from the divestiture. Farmer advised that Pinnacle West Capital Corp.'s Arizona Public Service Company and Unisource Energy Corp.'s Tucson Electric Power be required to do such studies.

Farmer's opinion made no mention of the interim divestiture planned by Pinnacle West Energy, which would involve the sale of a few, recently constructed energy assets to Arizona Public Service Company. Three commissioners support the plan, which is meant to assuage Pinnacle West's financial concerns.

Arizona is currently shifting to a competitive energy market, but in light of recent market manipulation practices, the Commission is likely to be more cautious in moving assets out of state hands.

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