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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

Enron Owes California $493,00 in Unpaid Taxes

LCG, Jan. 25, 2002--While Enron looks for a new chairman and prepares for numerous legal actions against it, California's Franchise Tax Board is thinking about the taxes the company has yet to pay.

A spokesman for the tax board, Patrick Hill, said that if the company does not pay its taxes by the spring, the board will issue a letter. The outstanding bill of $493,000 has gone unpaid since March 15, 2001. Enron avoided paying taxes to the federal government in four of the past five years, a New York Times reporter discovered.

Letters are sent by the board to 600,000 individuals and 20,000 businesses because of tax delinquency each year.

The measures that could be taken against the company include filing liens, seizing assets, or preventing the company from doing business in the state. About 10 percent of the taxes paid to California, or $4 billion, comes from businesses, Hill said.

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