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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

Chile says AES May Have to Buy All of Gener

LCG, Dec. 13, 2000--Chilean Securities and Insurance Superintendent Alvaro Clarke said yesterday that new legislation may require AES Corp. of the U.S. to acquire 100 percent of power producer Gener if it completes its current tender offer for 80 percent of the company.

The legislation, not yet signed by President Ricardo Lagos, requires the purchaser of two-thirds of a Chilean company to acquire the remaining equity through a tender offer. Clarke said it was very likely President Ricardo Lagos would sign the Tender Offer and Corporate Governance Bill into law before AES completes its tender offer.

"If AES Corporation takes control of two-thirds of Gener during its tender offer, and if the new law is already ratified, then it must open a new process to control 100 percent of equity at a price that is no less than the one announced," Clarke explained.

AES has said it would be willing to consider acquiring 100 percent of Gener if legislation requires the company to do so.

Gener is Chile's second-largest power producer and its largest producer of electricity from thermal power plants.

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