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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

Entergy Announces Agreement to Sell Gas-fired Power Plant in New England

LCG, October 9, 2015-Entergy Corp. yesterday announced that its wholesale generation division, Entergy Wholesale Commodities, has entered into an agreement to sell its 583-MW Rhode Island State Energy Center to Carlyle Power Partners. The base sales price is approximately $490 million, subject to closing adjustments. The transaction is expected to close by the end of this year.

The Rhode Island State Energy Center (RISEC) is a natural gas-fired, combined-cycle electric generating facility located about five miles from Providence, Rhode Island. Entergy Wholesale Commodities purchased the plant from NextEra Energy Resources, LLC for $346 million in December 2011. The facility entered commercial service in 2002.

Entergy Chairman and CEO stated, "Our strategy for EWC is focused on being disciplined about reducing risk and freeing up financial resources for other opportunities. RISEC has been a very good investment for us, and its sale is consistent with that strategy."
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