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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

NRG Energy to Buy 2,255 Megawatts of Generation

LCG, July 11, 2001NRG Energy Inc. said yesterday it has agreed to purchase power plants with a total capacity of 2,255 megawatts from Indeck Energy Services, a company specializing in the development of generating stations.

NRG said the portfolio includes combined-cycle and peaking power plants that primarily serve the Chicago energy market. The company expects the acquisition to achieve financial close this month.

"The acquisition of these assets complements NRG's strategy of developing significant generationwith the Chicago-St. Louis-New Orleans corridor," said chief executive David H. Peterson. "This marks a new development in our long relationship with Indeck as they are now providing project development services to NRG."

The assets include the Rockford I and II Energy Centers, located 75 miles west of Chicago inRockford, Ill.; Bourbonnais I and II Energy Centers, located 50 miles south of Chicago; and the IlionEnergy Center, located in central upstate New York, NRG said.

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