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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

Settlement Reached on Montana Power Power Sale

LCG, Dec. 31, 2001--Montana Power Co. said Friday that it has reached a settlement on issues related to the sale of Montana Power Co.'s electric utility to Northwestern Corp., as well as electric restructuring costs in addition to other matters that will allow the company to become a telecommunications firm.

Among the issues settled between Montana Power, Northwestern, the Montana Consumer Counsel that represents residential and small commercial customers, and the Montana Large Customer Group, was a stipulation for Montana Power and Northwestern to establish a $30 million account that will be used to provide a credit for MPC electric distribution customers.

The subsidy, to be provided for one year beginning July 1, will protect retail customers from the full effect of a 20 percent rate increase, limiting the boost to about 12.8 percent.

"This is a major step in completing the transition of Montana Power from a diversified energy utility into a broadband telecommunications company under Touch America," said Bob Gannon, chief executive officer. "We have received all the necessary approvals except that of the (Montana Public Service Commission), and we expect this settlement will facilitate this last approval."

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