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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

William Powers Jr., dean of the University of Texas School of Law in Austin, Texas, has been elected a director of Enron Corp., effective immediately. The company said he will be chairman of a special committee to examine and take any appropriate actions "with respect to transactions between Enron and entities connected to related parties."

James T. Rhodes, a veteran of more than 30 years in the energy industry, has been named to the Duke Energy Corp. board of directors the company. Dr. Rhodes recently retired as chairman, president and chief executive of the Institute of Nuclear Power Operations.

Susan M. Stalnecker, vice president for finance and treasurer of DuPont Corp., has been named to the PPL Corp. board of directors.

Chesapeake Utilities Adds Three Directors
Diversified utility Chesapeake Utilities Corp., has announced the appointment of three new members to its board of directors, all effective November 1.

  • Thomas J. Bresnan will be a Class I director with a term running from 2001 to 2003. He is chief executive of Anaheim, Calif.-based of New Horizons Worldwide Inc.

  • J. Peter Martin becomes a Class II director with a term running from 2001 to 2004. He is the retired founder, president and chief executive of Miami, Fla.-based of Atlantic Utilities Corp.

  • Joseph E. Moore Esq. will be a Class III director and serve from 2001 to 2002. He is a partner in the Maryland law firm of Williams, Hammond, Moore, Shockley and Harrison.

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