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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

Peruvian Privatization Woes Lead to Director's Resignation

LCG, July 22, 2002-Peru's executive director of privatization resigned as the sale of government electricity assets has been repeatedly delayed.

Ricardo Vega Llona, who resigned once before in late June, resigned for good. Alberto Pasco-Font has taken his position as executive director.

The Peruvian government postponed the sale of state-owned energy companies Egasa and Egesur several times because of public outcry and fears on the part of the purchasers. Belgian energy company Tractabel won the bidding on Egasa and Egesur, but the final sale was postponed in the midst of widespread riots in southern areas of Peru.

Peru decided to sell government assets this year in order to raise $700 million, but Vega Llona contends that the privatization will not yield the expected cash.

Now government officials say that Egasa and Egesur, along with some other assets, will not be sold until after elections in November.

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