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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

Newsmakers

Kevin S. Crutchfield will become president of Coastal Coal Co., an affiliate of El Paso Corp. subsidiary El Paso Merchant Energy, beginning today. He most recently was president of Amvest Corp. and previously held the position of chairman, president and chief executive of Cyprus Australia Coal Co., as well as other executive positions with Pittston Coal Co.

Michael P. Holstein, a utility executive with more than 20 years of business experience, has been named vice president and chief financial officer of the Midwest Independent Transmission System Operator Inc.

Constance H. Lau has been elected a director of Hawaiian Electric Industries Inc. and appointed president and chief executive officer of American Savings Bank, F.S.B., one of Hawaiian Electric's two core operating subsidiaries. She most recently was treasurer and chief financial officer of HEI Power Corp., another subsidiary.

David G. Mengebier has bee promoted to senior vice president for governmentaland public affairs by CMS Energy Corp., succeeding John W. Clark, who will retire effective August 1. Mengebier is currently vice president of governmental and international affairs, based in Washington, D.C.

Mark Ruelle, senior vice president and chief financial officer of Sierra Pacific Resources Inc. has been named president of subsidiary Nevada Power Co., replacing Steve Rigazio, who is retiring June 1 due to health reasons. Ruelle will continue to serve as chief financial officer until a replacement is named.

W. Mark Schmitz has been appointed vice president and chief financial officer of fuel cell maker Plug Power Inc. He joins the company from General Motors Corp., for which he most recently was vice president and chief financial officer of its DirecTV Latin America subsidiary.

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