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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

Hudson Transmission Project Goes Live

LCG, June 4, 2013--PowerBridge, LLC announced yesterday that its affiliate, Hudson Transmission Partners, LLC ("HTP"), has completed the underground and underwater electric transmission project between Ridgefield, New Jersey and Manhattan, and the project has now commenced power delivery to Manhattan. Construction on the project commenced in May 2011.

The Hudson Transmission Project employs an HVDC (High Voltage Direct Current) technology to provide up to 660 MW of power via a 345-kV AC cable from the PJM grid into Manhattan. A back-to-back AC-DC-AC converter station was constructed at 1 Railroad Avenue in Ridgefield, New Jersey to control very precisely and reliably to serve Manhattan.

The transmission cable extends from the PSE&G Bergen substation in Ridgefield to the nearby HVDC converter station, and it then runs approximately 3.5 miles underground to Edgewater, New Jersey, where it enters the Hudson River and is buried a minimum of 10 feet below the bottom of the river. The cable proceeds southward down the river on the New York side for about three miles before turning toward a landfall point, terminating at the Con Edison West 49th Street substation.

The estimated project cost is approximately $850 million.

In addition to the Hudson Transmission Project, PowerBridge completed the 660 MW Neptune undersea transmission project in June 2007. The Neptune Project extends 65 miles between New Jersey and Long Island.

The President and Chief Executive Officer of PowerBridge stated, "Like Neptune, the Hudson project shows how this type of technology can bring reliable electric power to densely populated areas in a cost-effective, non-controversial, and environmentally friendly way. It is also a great example of public and private interests working successfully in partnership to expand and modernize the nation's electric system.... In addition, we particularly want to acknowledge the extraordinary teamwork and cooperation of our customer the New York Power Authority, our principal contractors Siemens and Prysmian, Con Edison, the regional transmission organizations PJM and NYISO, New Jersey utilities PSE&G and First Energy, our investors and lenders, and the many talented workers who helped design, build, and install the project."
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