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FERC Proposes NEPA Revisions to Streamline Air Quality Analyses and Accelerate Natural Gas Projects

LCG, October 16, 2026--The Federal Energy Regulatory Commission (FERC) announced on Thursday its new proposal to revise and accelerate its review of air quality effects for proposed natural gas projects under the National Environmental Policy Act (NEPA). The draft policy statement highlights revisions designed to (i) avoid unnecessary delays and duplicative analysis and (ii) deliver greater regulatory certainty and a streamlined path forward for project applicants.

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AEP Announces 702-MW Bloom Fuel Cell Project to Serve Google in Wyoming

LCG, October 14, 2026--American Electric Power (AEP) today announced plans for a 20-year power purchase agreement (PPA) with Google, under which AEP will invest approximately $4 billion to advance a new 702-MW fuel cell generation project located near Cheyenne, Wyoming. Google will acquire power from Cheyenne Fuel Cell, LLC, which is approximately 92 percent owned and controlled by AEP and 8 percent owned by funds advised by Basalt Infrastructure Partners, LLP. AEP and its partners plan to start construction this year and to be fully operational by the end of 2028.

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Industry News

Alliant Acquires Mirant Plant

LCG, Feb. 4, 2002--A sales agreement made between Mirant Corp. and Alliant Energy Resources involving a 309-megawatt, gas-fired power plant has been finalized, the parties announced.

The plant, located in Neenah, Wisconsin, has a capacity of 309 megawatts, and has operated in simple-cycle mode since May 2000. Its output is sold under a power purchase agreement with WE Energies that lasts until June 2008.

The sale marks the first purchase of a power plant by Alliant Energy Generation, the Alliant Energy Resources subsidiary which since 2001 has been looking to acquire unregulated generating assets. Due diligence for the purchase was conducted by LCG Consulting, based in Los Altos, California.

"The successful closing of our first acquisition is a significant step in executing our unregulated generation strategy," Mike Maley, president of Alliant Energy Generation, stated.

Marce Fuller, president and chief executive officer of Mirant, noted that "This sale is an additional step in increasing our liquidity." The facility, which will be called Neenah Energy Facility, brought the company $109 million, with $300 million more in asset sales planned by the firm for this year.
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