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NextEra Energy Resources and Basin Electric Power Cooperative Announce MOU to Develop 1,450-MW Natural Gas-fired Power Plant in North Dakota

LCG, December 8, 2025--Basin Electric Power Cooperative (Basin Electric) and NextEra Energy Resources, LLC (NextEra) today announced that they have signed a memorandum of understanding (MOU) to explore the joint development of the River Run Energy Center, a new combined-cycle natural gas-fueled generation facility in Basin Electric's North Dakota service territory. The proposed facility will have a planned capacity of approximately 1,450 MW.

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LCG Releases January–March 2026 PJM Congestion Outlook Featuring Fundamentals-Based 3-Month Forecast

LCG, December 2, 2025 — LCG today announced the release of its PJM Congestion Outlook for January–March 2026, delivering a fundamentals-based, three-month forecast designed to help traders and risk managers better navigate congestion risks in PJM’s FTR markets.

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Industry News

GE Increases Investments in Texas Wind Projects

LCG, November 2, 2007--GE Energy Financial Services, a unit of General Electric Company, announced yesterday its investment in a wind farm located in west Texas with Invenergy Wind LLC. Construction began this summer, and the project is scheduled to commence operations in April 2008.

The project, the Stanton Wind Energy LLC project, has a design capacity of 120-MW and will include 80 GE 1.5-Mw wind turbines. The project will interconnect with the Midland East to Big Springs West 138 kV line. Electricity generated by the project will be sold into the ERCOT market.

According to GE Energy Financial Services, the company holds equity in 51 wind farms around the world, with an electric generating capacity of over 2.5 GW. GE plans to double its more than $2 billion of renewable energy investments by 2010.
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