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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

Enron Gas Trader Gets Prison Sentence for '98 Misdeed

LCG, August 19, 2002-An ex-Enron employee was sentenced to over 3 years in prison for misdirecting gas revenue.

Steven Gary Todoroff, a former director of marketing and trading at Enron Corp.'s EOTT Energy Corp., arranged an exchange of 100,000 barrels of butane between EOTT and Petrogas Inc in December of 1998.

The 100,000 barrels of butane in question were then redirected to a company that Todoroff owned, and the barrels sold for nearly $1 million. Todoroff deposited the subsequent money into a personal account.

Replacement barrels then had to be bought by EOTT at a cost of $3 million to meet the contract with Petrogas in 2000.

Todoroff pleaded guilty in May. Last Friday U.S. District Judge Sim Lake sentenced the 47-year-old to more than three years in prison in addition to ordering Todoroff to refund the $3 million to EOTT.

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