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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

Bulgaria Inks $1.4 Billion Contracts with Entergy, AES

LCG, June 13, 2001Bulgaria's reform government yesterday signed as expected $1.4 billion worth of electric power deals with two U.S. companies, AES Corp. and Entergy Corp. The signing is seen as bolstering the government's position in elections scheduled for this weekend.

Ivan Shilyashki, head of Bulgaria's energy agency, said "The large-scale investment of $1.4 billion is significant for Bulgaria's power industry." It is also significant for the incumbent government, as it is expected to create new jobs, improve the country's energy output and significantly reduce pollution.

Both projects are located in Bulgaria's Maritsa region, a lignite coal mining area. Lignite, also known as brown coal, is something between peat and bituminous coal, and presents a significant environmental challenge.

The project between Bulgaria's National Electricity Company and AES Corp. calls for a $900 million investment in a new 670 megawatt lignite-fueled power plant in the Maritsa East One area, replacing an old plant of smaller capacity.

Construction on the AES plant could begin late this year or in early 2002, according to Richard Mardon, who heads the company's operations in Central and Eastern Europe. The new facility is expected to provide 11 percent of Bulgaria's electricity.

The Entergy contract, also with the national Electricity Company, calls for a $470 million investment to upgrade and operate an existing 840 megawatt plant at Maritsa East Three. That project is expected to get underway later this year.

Geoffrey Roberts, chief executive of Entergy Wholesale Operations, said the project will improve reliability, add 20 years to the life of the plant and "preserve critical jobs in the region surrounding the plant and provide Bulgaria with a competitive source of electricity."

He called the project "one of the largest environment control efforts in all of Europe," and said it would cut emissions of sulphur gases and other pollutants by 90 percent at the plant.

Mardon said "We believe the two projects will attract significant amount of foreign investment into the country and also will provide significant environmental benefits."

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