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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

Bear Head LNG Project Gains Momentum

LCG, August 24, 2005--CB&I announced yesterday that it was awarded a lump-sum contract valued at over $100 million for the design and construction of storage tanks for the planned liquefied natural gas (LNG) terminal to be located on a peninsula on Cape Breton Island, Nova Scotia, Canada. The facility will be owned and operated by Bear Head LNG Corporation, a subsidiary of Anadarko Petroleum Corporation.

The Bear Head LNG project is designed to receive LNG from tankers and to regasify 1 Bcf/day of natural gas, which will be transported to Northeast markets via the Maritimes & Northeast Pipeline (M&NP). This initial phase is scheduled to be operational in late 2008. A second phase of the project may be added that would increase the sendout capacity to 1.5 Bcf/day.

CB&I will be responsible for turnkey engineering, procurement and construction of two LNG storage tanks. Engineering and procurement activity for the project is already under way. The Environmental Assessment was approved in August of last year.

With natural gas prices generally at all time highs, LNG projects continue to gain momentum. Last month, the Federal Energy Regulatory Commission (FERC) approved the proposed Ingleside LNG terminal, with a design capacity of 1 Bcf/day. The project site is on the shore of Corpus Christi Bay, Texas, and is owned by Occidental Chemical Corp.

In June, the FERC approved the construction of the Vista del Sol LNG Terminal, which will also be located along the Gulf of Mexico near Corpus Christi, Texas. Proposed by affiliates of ExxonMobil, the design capacity is 1.1 Bcf/day. Furthermore, the Commission approved On June 30 the Weavers Cove LNG terminal, to be constructed in Fall River, Massachusetts, and the Golden Pass LNG Terminal and Golden Pass Pipeline, which are to be constructed in Texas and Louisiana.

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