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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

El Paso Corp Planning to Sell Assets, Cut Dividends

LCG, February 6, 2003-The El Paso Corporation announced plans yesterday to get rid of $2.9 billion in assets, in addition to drastically shrinking dividends.

El Paso controls over 57,000 miles of natural gas pipeline, natural gas production assets, and liquid natural gas assets. Company officials announced that it will likely cut annual dividends nearly 82%, from 87 cents to 16 cents per share.

Additionally, the company intends to sell $2.9 billion in assets and cut its spending by $1.4 billion. El Paso has set a goal of reducing costs by $150 million.

The company has $2.6 billion in liquidity, although it owes $1 billion in debt, due this March, and much of its credit line may have to be used to meet prior obligations.

El Paso sold $3.9 billion in assets last year and intends to sell petroleum assets, in addition to getting out of the liquid natural gas (LNG) business. The company has noted its intention to concentrate on its core, pipeline businesses.

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