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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

Companies Receive Subpoenas from San Francisco U.S. Attorney

LCG, Nov. 11, 2002--The U.S. Attorney's office in San Francisco has issued subpoenas to four energy companies who conduct business in the California energy markets, the companies announced today.

The subpoeanas are part of a grand jury investigation. The companies have said that the subpoenas concern their activity in California markets. Currently, multiple investigations focussing on the companies are being conducted by federal agencies, including the Federal Energy Regulatory Commission, the Commodities Futures Trading Commission and the Securities and Exchange Commission. Of those making the announcement - Duke Energy Corp., William Cos., Reliant Resources Inc. and Mirant Corp. - none has so far been the subject of substantial findings.

The U.S. Attorney's office in San Francisco last month charged the former top trader at Enron, Timothy Belden, with conspiracy to commit wire fraud. Belden, who said he would cooperate with prosecutors, has admitted engaging in trading behavior which allowed his trading unit to extract high profits based on the California market design. In some cases, Belden was to admit that power from California was sold outside California, to parties who then re-sold at uncapped, out-of-state prices.

The companies have denied engaging in improper trading activity, and have said that the cause of California' energy crisis was in fact a shortage of supply.
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