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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

'Analysts' Take Heat for Enron Buy Recommendations

LCG, Dec. 7, 2001--The U.S. Securities and Exchange Commission, which is already investigating the financial reporting of Enron Corp., now wants to take a look at securities analysts who kept recommending Enron's stock as a "buy" even as the company nosedived into bankruptcy.

Laura Unger, an SEC commissioner, said yesterday in an interview on CNBC television "What concerns me more is hearing that analysts still continued the strong buy recommendation as recently as in the last couple of weeks when it was at 90 cents."

Unger also took aim at Enron's auditors, the accounting firm of Arthur Andersen. "The accounting firm that had been the auditor for Enron for 10 years didn't seem to understand and of course that's an open issue," she said.

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