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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

NRG Buys 2 Connecticut Plants from Wisconsin Energy

LCG, Dec. 28, 2000--NRG Energy Inc. said yesterday it has agreed to acquire the Bridgeport and New Haven Harbor power plants in Connecticut from Wisconsin Energy Corp. for $325 million, subject to customary purchase price adjustments.

The two plants had earlier been acquired from United Illuminating Co. by Wisconsin Energy. Bridgeport is a 660 megawatt oil-fired steam turbine plant and has an additional 19 megawatts of combustion turbine capacity. New Haven Harbor is a 431 megawatt oil-fired steam turbine plant.

David H. Peterson, chief executive of NRG, said the acquisition will be immediately accretive to earnings. "Acquiring these generating facilities is consistent with NRG's strategy of developing and maintaining a top-three position in the Northeast," he said.

Richard A. Abdoo, chief executive of Wisconsin Energy, said "We are focusing on our core competencies of international manufacturing, electric generation and electric and natural gas distribution in the Midwest. And while we are impressed with the quality of these facilities because of their fuel flexibility and skilled workforce, we have decided to monetize the value of these assets to benefit our shareholders."

The transaction, subject to approvals from the Federal Trade Commission and the Federal EnergyRegulatory Commission, is expected to close during the first half of next year.

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