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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

$300 Million Allocated For Plants in Bulgaria

LCG, Jan. 17, 2002--Two joint ventures involving Bulgaria's National Electricity Company (NEC) will receive as much as $300 million from the European Bank for Reconstruction to construct and upgrade coal-fired plants.

The projects will be managed by U.S. firms AES Corp. and Entergy Corp.

The project developed with AES Corp. will be a new 670-megawatt plant at Maritsa East One section, and will replace a former unit at the site. The plant is seen as requiring a 980 million euro ($863 million U.S.) investment. The other, a joint venture between the NEC and Entergy, is planned as a 470 milion euro ($414 million U.S.) project to upgrade and operate an 840-megawatt plant at Maritsa East Three section.

Michael Delia, the EBRD's Deputy Directory for Bulgaria, said "EBRD has been mandated to provide financing for both projects. We have been asked to provide between $100 million and $150 million to each of them."

The bank, which will also extend a loan to upgrade and extend Bulgaria's power transmission system, intends to assist the Energy Ministry in privatizing the seven transmission companies in Bulgaria. The ministry wants to sell the companies by year's end. Loans will also aid in modernizing district heating operations over four years.

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