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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

France's Financial Minister Makes a Move Toward Privatization

LCG, July 17, 2002-The French Ministry of Finance has asked banks to advise on the sale of 13 state-owned companies, which include gas and electricity companies.

Prime Minister Jean-Pierre Raffarin made a promise to sell state assets, and in support of his assertion two tenders have been issued for banks for advice on privatization. Finance Minister Francis Mer hopes to see the process of privatization begin this August.

The first tender involves the sale of parts of gas giant Gaz de France and state electricity company Electricite de France.

The banks have until the end of this week to give gas and electricity privatization recommendations; the second tender, relevant to other state-owned companies, has a deadline of next week Monday.

Some French organizations have denounced the plans for privatization, including one of France's major trade unions, Confederation Generale du Travail, which asserts that the Ministry had not conducted proper consultations before going ahead with privatization.

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