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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

Peru to Go Ahead with Privatization Plan After Long Delay

LCG, December 13, 2002-After repeatedly delaying sales of national assets, Peru plans to begin privatization after new government officials take office January 1.

Peru had planned to sell state assets, including energy companies Egasa and Egesur, for $700 million. Earlier this year the country was forced to halt plans several times as investors pulled out and nationwide protests were held, resulting in the deaths of three protestors in June.

Now the country is ready to try again, poised to win the partnership of 25 regional governors who will take office soon. No one is quite sure of how control over state-owned assets will be divided between regional and central governments, as the creation of regional governments was voted on only recently, on November 17. However, the government agency Pro-Inversion, which is responsible for the sales of government assets, is positive about working with new regional governments.

Peru has decided to limit privatization of hydroelectric assets but is still interested in selling plants and gas projects. The energy companies Egasa and Egesur may be sold to Belgian company Tractabel for $167.4 million, pending court decisions.

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