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PUC of Texas Approves Entergy Texas' Plans to Build Over 1,200 MW of Gas-Fired Capacity

LCG, September 12, 2025--Entergy announced yesterday that the Public Utility Commission of Texas (PUCT) approved Entergy Texas’ proposal to build two efficient natural gas-fired power plants to support the region’s rapid growth. The combined electric generating capacity of the two facilities, the Legend Power Station and the Lone Star Power Station, will add over 1,200 MW to the Southeast Texas power grid to support new customer demand, increase reliability and lower costs for all customers. Both facilities are scheduled to commence operations by mid-2028.

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Puget Sound Energy Starts Construction on 142-MW Appaloosa Solar Project in Washington

LCG, September 4, 2025--Puget Sound Energy (PSE) announced yesterday that phased construction has commenced on its 142-MW Appaloosa Solar Project, a utility-scale solar facility underway in southeastern Washington. The project is being built by Qcells EPC, who will serve as the module manufacturer and the engineering, procurement, and construction (EPC) solution provider. Construction is scheduled through 2026, and commercial operation is expected at the end of next year.

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Industry News

Iberdrola Agrees to Takeover by Endesa

LCG, Oct. 18, 2000--Iberdola, Spain's second largest electric utility, and Endesa, its first, announced yesterday that they had agreed to an $11.6 billion "friendly merger" that will create one of Europe's largest power companies.

Because the new company, to be called Endesa Iberdola, would control about 80 percent of Spanish electric generation, significant divestitures will be made to satisfy regulators. The companies said that about 15,000 megawatts of generation will be sold off, along with distribution assets serving the equivalent of 4 million customers.

"These disposals will contribute to a wider opening of the Spanish generation market by introducing three new operators in the market who will develop an important presence in the supply of electricity," the companies said in a joint statement.

The agreement scotches an unwelcome attempt by GasNatural, Spain's privatized natural gas monopoly, to take over Iberdola.

Joint chairmen of the new company will be Endesa's Rodolfo Martin Villa and Iberdrola's Inigo de Oriol e Ybarra. The chief executive of the new company would be Endesa's Rafael Miranda Robredo. The board will have 30 members, 18 to be named by Endesa and 12 by Iberdola.

The combination will also create the largest Latin American electric utility presence by a foreign firm, with approximately 12 percent of the market.

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