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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

Mirant May Have Overstated 2001 by $253 Million

LCG, July 31, 2002-Mirant Corporation announced yesterday that it may have overstated assets and liabilities last year by $253 million due to unintentional error.

Mirant said that a law firm hired to look at its 2001 accounts, King & Spalding, found that there were overstated accounts and overstated liabilities.

The company had apparently overstated its liabilities by $100 million, its gas inventory by $85 million, and its accounts receivable by $68 million.

The errors were initially detected when differences in assets and liabilities accounting could not be squared.

In the wake of Enron's collapse, energy companies' shares have plummeted. Mirant has cut 700 jobs, sold $1.12 billion in securities, and sold nearly $1.6 billion in assets in the last 7 months.

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