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SPP's Western Expansion Set for Implementation on April 1

LCG, March 13, 2026--The Southwest Power Pool (SPP) announced yesterday that leaders from the participating organizations voted unanimously to proceed as planned with expanding its regional transmission organization (RTO) services into the Western Interconnection. SPP sees the decision to proceed as planned as a strong signal of confidence as SPP and its partner utilities prepare for this key milestone, which will occur overnight between March 31 and April 1.

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Entergy Estimates Customer Savings of $5B from "Fair Share Plus" Data Center Agreements

LCG, March 6, 2026--Entergy yesterday announced approximately $5 billion in total savings for 2.3 million customers in Arkansas, Louisiana and Mississippi resulting from data center customer agreements in those states. Entergy, which completed its first data center customer agreement in 2024, projects the customer savings over the next 20 years and after the regulatory approval or acknowledgement of the public service commissions in those states.

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Industry News

NextEra Energy Completes Purchase from Southern Company of Ownership Interests in Two Florida Power Plants

LCG, December 5, 2018--NextEra Energy announced yesterday that it completed the acquisition of Southern Company's indirect ownership interests in the Stanton and Oleander natural gas power plants in Florida. The acquisition was previously announced in May of this year.

The chairman and chief executive officer of NextEra Energy stated, "We are pleased to complete this transaction and add these high-quality assets to the NextEra Energy Resources portfolio. We have now successfully closed two of the three transactions we announced with Southern Company earlier this year, and we are still targeting completing the Gulf Power transaction in the first quarter of 2019."

With the completion of this transaction, NextEra Energy has acquired a 100 percent ownership interest in Plant Oleander, a dual-fueled, simple-cycle combustion turbine electric generation plant located near Cocoa, Florida that has power purchase agreements (PPAs) with the Florida Municipal Power Agency (FMPA) and Seminole Electric Cooperative. The plant consists of five combustion turbine units, four at 157 MW, and one at 163 MW, with a combined electric generating capacity of approximately 791 MW. The plant went online in June 2002 and was acquired by Southern Company from Constellation Energy in the spring of 2005.

NextEra Energy also acquired from Southern Company a 100 percent interest in a company owning a 65 percent ownership interest in Stanton Energy Center Unit A, a dual-fueled, combined-cycle electric generating unit, with a generating capacity of approximately 660 MW, located near Orlando, Florida. The unit went online in the fall of 2003. The 65 percent interest is contracted with the Orlando Utilities Commission (OUC) and FMPA.
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