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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

AES to Build 670 Megawatt Plant in Bulgaria

LCG, Oct. 18, 2001--A joint venture between AES Corp. of the U.S. and Bulgaria's government-owned National Electricity Company said this morning that AES would begin construction next May of a 670 megawatt coal-fired power plant at the Balkan country's Maritsa East coal mining complex.

AES will invest $225 million of its own funds for an undisclosed share of the project, the joint venture said in a news release. Another $625 million in funding is expected from the European Bank for Reconstruction and Development, U.S.-based Overseas Private Investment Corporation and Germany's Kredit fur Wiederaufbau.

Bulgaria has profited recently from exports of electric power, gaining $150 million last year from power deals with Turkey, Greece, Macedonia and Yugoslavia. But as much as 40 percent of the nation's generating capacity is slated for decommissioning or overhaul by 2010, which could limit supply available for export.

The new plant is aimed at heading off that problem before it occurs.

The project is also expected to reduce Bulgaria's dependency on coal imports from Russia and Ukraine.

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