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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

Montana Power Sells Oil and Gas Unit

LCG, Aug. 29, 2000--Montana Power Co. said yesterday it has sold its nonregulated natural gas and oil business unit to PanCanadian Petroleum Ltd. of Calgary for $475 million (U.S.). Proceeds from the sale will be invested in Montana Powers telecommunications subsidiary.

The sale includes subsidiaries that have interests in crude oil, natural gas and gas liquids exploration, production and marketing in the United States and Canada.

Robert P. Gannon, chairman and chief executive, noted that "Montana Power has had a Canadian presence for nearly a half century."

The U.S. businesses have are mostly in northern Montana and in the Denver-Julesburg Basin north of Denver and include minor properties in the Anadarko Basin, Oklahoma, and Green River Basin, Wyo. Modern fractionation plants are at Cut Bank, Mont. and Ft. Lupton, Colo. The Canadian properties reside mostly in southern and central Alberta and in southern Saskatchewan.

David Tuer, PanCanadian's president and chief executive, said "The potential in these assetsis significant, and over the next few years, we will add substantially to PanCanadian's daily natural gas production."

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