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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

CP&L-Florida Progress Merger to Close Thursday

CP&L, Sets Closing Date for Florida Progress Takeover
LCG, Nov. 27, 2000--CP&L Energy Inc. said in a its acquisition of Florida Progress Corp. is scheduled to close on Thursday, pending receipt of regulatory approval from the Securities and Exchange Commission under the Public Utility Holding Company Act.

The company said in its statement "Florida Progress shareholders will receive $54 in cash or CP&L Energy common stock, plus one Contingent Value Obligation related to cash flows from certain synthetic fuel plants, for each share of FPC stock. Florida Progress shareholders have the right to elect cash or CP&L Energy common stock having a value of $54, subject to proration if the elections exceed 65 percent in cash or 35 percent in stock."

Florida Progress shareholders have until 5:00 p.m. New York time tomorrow to make up their minds, the company said.

CP&L claims the combination will create one of the nation's 10 largest energy companies based on a generating capacity of more than 19,000 megawatts and 2.8 million customers in the Carolinas and Florida.

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