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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

Mirant Writes Off Chile's Edelnor, Seeks Buyer

LCG, Oct. 22, 2001--Mirant Corp. of the United States said on Friday it would write off its entire investment in Chilean power company Empresa Electrica del Norte Grande S.A. (Edelnor), and would seek a buyer for the money-losing company.

The announcement came following decisions by Electroandina, a Chilean utility, and AES Corp. of the U.S. to cancel their bids to acquire control of Edelnor by buying the Chilean company's debt for about a two-thirds discount.

Mirant has said for some time that it would not invest any new money in Edelnor and confirmed Friday that liquidity was a major problem for its Chilean unit.

Mirant also said it could give no assurance that Edelnor would be able to make interest payments due on December 15.

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