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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

Black Hills Buys Enron Power Plant Near Vegas

LCG, Sept. 7, 2001--Black Hills Energy Ventures, a unit of Black Hills Corp., said yesterday it has purchased from Enron North America a 273 megawatt gas-fired co-generation power plant project located northeast of Las Vegas. Financial details were not disclosed.

The project has 51 megawatts of production currently in operation and another 222 megawatts under construction, with commercial operation scheduled for the summer of next year. Output of both the existing plant and the expansion has been sold under long-term contracts, Black Hills said.

Daniel P. Landguth, Black Hills chief executive, said, "This project achieves several corporate objectives. First, by linking the facility to long-term contracts and fuel provision requirements, we minimize our risk exposure while securing significant recurring revenue and earnings streams. Second, the location is consistent with our desire to have generation assets in Western markets with growth potential. Finally, this power project -- our largest to date -- puts us on target to reach our goal of 1,000 megawatts of independent power capacity by 2003."

Landguth said all of Black Hills' plant acquisitions come with long-term contracts. "We are developing a strong generation portfolio without subjecting our earnings to market volatility," he said.

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