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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

Spain's Hidrocantábrico is Takeover Target Again

LCG, Jan. 25, 2001Hidroelctrica del Cantbrico, the fourth-largest Spanish electric power generator, is once again the apple of many eyes, and TXU Europe, once a suitor, says it is now a seller.

Electricidade de Portugal, the Portuguese national power firm 30 percent owned by the government, and Spanish savings bank Caja Asturias confirmed this morning they were about to make a cash bid for Hidrocantbrico and officials of Germany's RWE AG were at the Spanish utility's Asturian headquarters earlier this week pressing their case.

Hidrocantbrico's board on Monday spurned an offer from Ferroatlantica for a 25 percent stake in the company, saying its bid of 19 euros per share did not reflect the true value of the Spanish generator. Germany's Energie Baden-Wrttemberg AG was also rejected by the board.

According to TXU Europe, a subsidiary of Dallas-based TXU Corp., Caja Asturias and Electricidade de Portugal want to buy 100 percent of Hidrocantbrico and are willing to pay 24 euros per share, or $21.91 U.S. TXU said in a statement "This transaction provides TXU Europe with certainty over its exit from Hidroelctrica del Cantbrico at Euro 24 per share."

The offers from Electricidade de Portugal and RWE could meet with resistance from the Spanish government which opposes ownership of Spanish firms by companies which are partly owned by other governments. RWE, Germany's largest electric utility, is more than a third owned by municipal governments.

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