New York Stock Exchange Temporarily Waives Certain Shareholder Approval Requirements to Mitigate Liquidity Constraints Caused by COVID-19 to Expedite Capital Raising

On June 18, 2026, the Federal Energy Regulatory Commission (FERC or the Commission) issued an order to Midcontinent Independent System Operator, Inc. (MISO) directing MISO and MISO transmission owners to show cause as to why MISO’s tariff should not be found to be unjust and unreasonable (Midcontinent Independent System Operator, Inc., 195 FERC ¶ 61,212 (2026) (Order)) because it fails to sufficiently:

On June 18, 2026, the Federal Energy Regulatory Commission (FERC or the Commission) issued an order to PJM Interconnection, L.L.C. directing PJM and PJM transmission owners to show cause as to why PJM’s tariff should not be found to be unjust and unreasonable (PJM Interconnection, L.L.C., 195 FERC ¶ 61,211 (2026) (the Order)) because it fails to sufficiently:

On June 18, 2026, the Federal Energy Regulatory Commission (FERC or the Commission) issued an order to Southwest Power Pool, Inc. (SPP) directing SPP and SPP transmission owners to show cause as to why SPP’s tariff should not be unjust and unreasonable (Southwest Power Pool, Inc., 195 FERC ¶ 61,213 (2026) (Order)) because it fails to sufficiently:

On June 18, 2026, the Federal Energy Regulatory Commission (FERC or the Commission) issued show cause orders under section 206 of the Federal Power Act to PJM Interconnection, L.L.C. (PJM), Midcontinent Independent System Operator, Inc. (MISO), Southwest Power Pool, Inc. (SPP), California Independent System Operator Corporation (CAISO), ISO New England Inc. (ISO-NE) and New York Independent System Operator, Inc. (NYISO), together with their transmission owners, directing each region to justify or reform the tariff provisions governing how data centers and other large loads connect to and receive service from the transmission grid. The orders are part of FERC’s broader response to rapidly increasing electricity demand, particularly from data centers and other large loads, and advance the objectives of the Secretary of Energy’s October 2025 Advance Notice of Proposed Rulemaking (ANOPR) by seeking to accelerate “speed to power” while preserving grid reliability, affordability and consumer protections.