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Public Service Company of Oklahoma Completes Acquisition of Green Country Power Plant

LCG, July 3, 2025--American Electric Power (AEP) announced today that on June 30, the 795-MW Green Country Power Plant officially became part of the generation portfolio of Public Service Company of Oklahoma (PSO), a unit of AEP.

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Alliant Energy Submits Plans to Iowa Utilities Commission for the Addition of 1,000 MW of Wind Capacity

LCG, July 2, 2025--Alliant Energy today announced plans to add up to 1,000 MW of wind energy generating capacity in Iowa to meet demand and ensure reliable, affordable energy for its customers. The plans are included in a filing with the Iowa Utilities Commission (IUC), and the company anticipates a decision from the IUC in the first quarter of 2026.

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Industry News

TXU Gets Okay to Buy Britain's Norweb

LCG, Oct. TXU Corp. of the United States was given clearance this morning by British regulators to acquire a regional electric company in northern England in a deal that will make the Texas company the biggest electricity retailer in the United Kingdom.

An arrangement between TXU and the British firm United Utilities for the purchase of Norweb Energi, the regional power retailer, for about $450 million was announced in August. The deal will add about 2.2 million electricity and gas customers to the 3.4 million TXU has through its ownership of Eastern Energy.

Industry savants in Britain have long said that a customer base of 5 million was necessary for a company to be a major long-term player in the UK retail energy market, and TXU is first over the bar with 5.6 million. The company will also become the number two natural gas retailer behind British Gas.

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