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RWE and Indiana Michigan Power Company Sign Long-term PPA for 200 MW Wind Project

LCG, December 18, 2025--RWE and Indiana Michigan Power Company (I&M), an American Electric Power (AEP) company, today announced their partnering to provide new wind power generation capacity online to meet Indiana’s growing electricity demand. The companies signed a 15-year power purchase agreement (PPA) for the total output from RWE’s 200 MW Prairie Creek wind project in Blackford County, Indiana. I&M will purchase electricity from the wind project, which will further diversify its portfolio and be consistent with its all-of-the-above strategy to secure generation for its rapidly growing electricity demand.

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NRC Renews Operating Licenses for Constellation's Nuclear Reactors at Clinton and Dresden Facilities

LCG, December 16, 2025--The Nuclear Regulatory Commission (NRC) announced today that it has renewed the operating licenses of Constellation LLC’s Clinton Unit 1 in Clinton, Illinois, and Dresden Units 2 and 3, near Morris, Illinois, for an additional 20 years beyond the current expiration dates. The combined capacity of these three, Illinois-based nuclear units is 2,925 MW, and the operating license extension will enable the units to generate carbon-free power through about 2050.

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Industry News

British Energy Sells Retail Electric Supply Business

LCG, Aug. 7, 2000--British Energy Plc, the largest United Kingdom nuclear power generator, has sold its residential electricity and gas supply business to Scottish and Southern Energy, the Financial Times of London reported this morning.

The 210 million ($316 million U.S.) cash sale of Swalec will allow British Energy to focus on wholesale contract sales and direct sales to industrial and commercial customers ahead of the introduction of new electricity trading arrangements in November, the paper said.

Scottish and Southern has also signed a 10-year power purchase agreement to buy 10 terawatt hours of electricity a year from British Energy for the first five years, falling to 7.5TWh a year thereafter.

Peter Hollins, British Energys chief executive, said the new power trading scheme had made residential marketing unattractive to his company. "Through the deal announced today, we have sold our retail business to a good home and have secured a long-term take-off contract for around 20 per cent of our output in England and Wales," he said.

Swalec has 850,000 electricity and 300,000 natural gas customers. The deal will push Scottish and Southerns total customer numbers to the critical 5 million level thought to be needed to compete in the UK supply market, the Financial Times said.

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