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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

AmerGen Loses Bid for Vermont Yankee Nuke

LCG, Feb. 16, 2001The Vermont Public Service Board has rejected the latest offer by AmerGen Energy Co. to purchase the 510 Vermont Yankee nuclear power plant near Brattleboro, Vt., saying the company's offer for the facility did "not reflect the fair market value of Vermont Yankee and thus cannot, as a matter of law, be found to promote the general good."

The plant's operator, Vermont Yankee Nuclear Corp., said yesterday it wants to work with state regulators to sell the plant at auction, in light of the high prices paid for other nuclear plants in the Northeast.

AmerGen's most recent offer for Vermont Yankee was about $51.5 million, but Millstone in Connecticut recently sold for $1.2 billion, Nine Mile Point in New York for $1.0 billion, Fitzpatrick and Indian Point 3, also in New York, for $1.0 billion and Indian Point 2 in New York for $602 million.

On top of that, the operators say, the 29-year-old plant is running better than ever. In 2000, they said, Vermont Yankee produced 4.5 billion kilowatt-hours of electricity at an average cost of 3.9 cents per kilowatt-hour. That amount of power production would give the plant a capacity factor in excess of 100 percent.

The owners of Vermont Yankee are Central Vermont Power Co. (30 percent), National Grid Group Plc (21 percent), Green Mountain Power Co. (17 percent), Northeast Utilities (14 percent), the Vermont Group (7 percent), other municipal and co-ops (5 percent), Central Maine Power Co. (4 percent) and Cambridge Electric Light Co. (2 percent).

Vermont Yankee provides about a third of the power used in the state of Vermont.

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