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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

FERC Releases New Utility Debt Restrictions

LCG, February 20, 2003As part of its decision regarding Westar Energy Inc.s debt-related request, FERC has issued debt financing guidelines for utilities.

Today, the Federal Energy Regulatory Commission (FERC) approved Westar Energy Inc.s proposition to raise as much as $650 million in long-term and unsecured debt. The largest electric utility in Kansas, Westar Energy has been trying to reduce its debt by several means, including the sale of non-utility assets and dividend reduction.

According to the commissions decision, Westars sale or placement of long-term, unsecured debt must be accompanied by a filing of a Report of Securities, issued within 30 days of the event.

While FERC will allow Westar Energy to finance its debt, the commission simultaneously released guidelines regarding public utility debt in order to prevent borrowed funds from being used for non-utility purposes.

According to FERCs website, www.ferc.fed.us, these guidelines are:

Public utilities seeking authorization to issue debt backed by a utility asset must use the proceeds of the debt for utility purposes only.

If any utility assets that secure debt issuances are "spun off," the debt must follow the asset and also be "spun off."

If any of the proceeds from unsecured debt are used for non-utility purposes, the debt must follow the non-utility assets. If the non-utility assets are "spun off," then a proportionate share of the debt must follow the "spun-off" non-utility asset.

If utility assets financed by unsecured debt are "spun off" to another entity, then a proportionate share of the debt must also be "spun off."

The commission noted that the new guidelines would apply to all approved secured and unsecured debt authorized by the Commission.

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