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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

Enron to Buy Out India State's Stake in Dabhol II

LCG, Nov. 14,2000--Enron Corp. was said to be searching for a new investor in the second phase of its Dabhol Power Co. project in India's Maharashtra state after the State Electricity Board expressed its "inability to invest for the time being," The Economic Times reported this morning.

The Maharashtra State Electricity Board will keep a 15 percent stake in the power project, but will be unable to pay for an additional 15 percent as planned, the financial daily published in New Delhi said.

The 1,444 megawatt phase II at Dabhol has four investors: Enron owns 50 percent, the Maharashtra State Electricity Board 15 percent, General Electric Co. 10 percent and Bechtel Enterprises 10 percent. That leaves 15 percent for a new investor.

In the meantime, Enron owns 65 percent of the project, paying for the State Electricity Board's 15 percent with debt, which The Economic Times said is already arranged.

A new investor would be expected to pay about $128 million for the vagrant 15 percent, the paper said.

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