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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

PSE&G Transfers Generation Assets to Affiliate

LCG, Aug. 22, 2000--Public Service Electric & Gas Co. said yesterday that it has transferred its electric generating facilities to PSEG Power, an unregulated power producing affiliate. The transfer was made in conformance with the companys restructuring order issued by the New Jersey Board of Public Utilities.

The power plants and other assets will be transferred at the price specified in the order, which is $2.443 billion plus $242 million for other generating related assets such as fuel, materials, and supplies.

If a court decision upholding the Boards restructuring and securitization orders regarding PSE&G is modified by an appeal now before the New Jersey Supreme Court, PSE&G and PSEG Power will execute a supplemental agreement to reflect any change in the value of the assets.

PSE&G said the transfer was completed within the year allowed by the Board of Public Utilities.

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