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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

Calpine has announced the promotion of Bill Berilgen to president, Calpine Natural Gas Company (CNGC). Berilgen, also a senior vice president, will manage the company's North American oil and gas assets. Berilgen has managed the company's natural gas subsidiary since Calpine acquired Sheridan Energy in 1999.

Beth S. Perlman will join Constellation Energy Group as vice president and chief information officer. Prior to her appointment, Perlman had been vice president of Enron Wholesale Trading Technology. She began her career with Enron in 1995 as Director, Risk Management Administration.

Jean H. Gibson will replace Frank Boyle as chief financial officer of Central Vermont Public Services. She has most recently served as vice president of the Exelon Corporation.

Hanover Compressor has appointed Mark S. Berg Senior Vice President and General Counsel. Berg has acted as executive vice president and general counsel for American General Corporation over the last five years.

Richard T. Ashbeck has been promoted to the position of vice president-treasurer of energy and communications company Black Hills Corporation. Ashbeck, who joined Black Hills in July 2000, had previously been employed as Chief Financial Officer by Indeck Capital, Inc., an independent power company which was later acquired by Black Hills.

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