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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

PG&E to Buy Mississippi Merchant Plant

LCG, Sept. 8, 2000--PG&E Corp. said yesterday its National Energy Group would acquire the 500 megawatt Attala merchant power plant project from Duke Energy North America for an undisclosed price.

Construction of the natural gas-fired, combined-cycle plant began in March and commercial operation is scheduled for next summer. Output will be sold into the Entergy wholesale market, according to PG&E.

Chris Iribe, chief operating officer of the National Energy Group's eastern region, said the purchase "strengthens our growing supply position in the Southern United States."

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