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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

FootPrint Power Hires Iberdrola to Construct Combined-Cycle Plant in Salem

LCG, December 16, 2014-Iberdrola USA announced Friday that its sister company, Iberdrola Engineering and Construction, has been hired by Footprint Power of Bridgewater, New Jersey to build a 674-MW combined-cycle electric generating facility in Salem, Massachusetts. Iberdrola Engineering will be responsible for all engineering, construction, commissioning, and site work for the project. The new, gas-fired facility will incorporate GE's Flex-Efficiency design.

"With new EPA carbon emission rules on the horizon, this new, quick-start combined-cycle plant will provide much needed low-emission power for New England," said Iberdrola USA's chief corporate officer. "As we increase the use of renewable energy resources in the region, this plant will also provide critical balancing services to supplement the growing renewable generation fleet."

The announcement follows a recent Federal Energy Regulatory Commission (FERC) action granting Footprint Power a one-year deferment on its five-year obligation to generate electricity from its project. Some local residents have opposed the plant, slowing the project and threatening to push the on-line date to beyond the five-year window. The target on-line date had been June 2016; however, the date is now pushed back until June 2017. The estimated construction period for the project is 30 months.

Footprint Power's President & Chief Operating Officer stated, "We are moving forward on that front as quickly as possible. This order being granted allows us to move forward on those fronts and to finalize all agreements and transactions."

The power plant will be built at a 65-acre waterfront site now occupied by the decommissioned coal-and-oil-fired Salem Harbor Station generating plant. The much smaller footprint of the gas plant will make available a large parcel of waterfront property for future recreation, retail and commercial development.
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