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ERCOT Announces Organizational Changes to Promote Grid Reliability, Rapid Demand Growth, and Innovation

LCG, December 12, 2025--Today, the Electric Reliability Council of Texas, Inc. (ERCOT) announced strategic organizational changes designed to accelerate innovation, strengthen grid reliability, and support the unprecedented growth in the demand for electricity across Texas. To meet these objectives, ERCOT created two new organizations: Interconnection and Grid Analysis, and Enterprise Data and Artificial Intelligence (AI). The two organizations will formally launch in January 2026.

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NextEra Energy Resources and Basin Electric Power Cooperative Announce MOU to Develop 1,450-MW Natural Gas-fired Power Plant in North Dakota

LCG, December 8, 2025--Basin Electric Power Cooperative (Basin Electric) and NextEra Energy Resources, LLC (NextEra) today announced that they have signed a memorandum of understanding (MOU) to explore the joint development of the River Run Energy Center, a new combined-cycle natural gas-fueled generation facility in Basin Electric's North Dakota service territory. The proposed facility will have a planned capacity of approximately 1,450 MW.

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Industry News

Phase 3 of Sweetwater Wind Project Completed

LCG, January 11, 2006--The third phase of the Sweetwater Wind Project achieved full commercial operations on December 30, 2005. The 135-MW expansion consists of ninety, 1.5-MW GE turbines and is located in Nolan County, Texas. The total capacity of the wind farm is now 264 MW.

DKRW Energy LLC of Houston was the lead project developer. Catamount Energy Corp. is an equity investor in the project and a co-developer. Babcock & Brown participated as the financial advisor for the project and as an equity investor and a co-developer in the project. The development and the construction were funded by Babcock & Brown and Catamount. Babcock & Brown will also act as project administrator overseeing the operations and maintenance at the facility.

Phase 2 of the project, which consisted of 61 GE turbines with a capacity of 91.5 MW, was completed nearly a year ago in February 2005. The initial phase consisted of 25 GE turbines and was completed in January 2004.

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