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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

Enron Wearies of Delays in India

LCG, Sept. 25, 2001--Enron Corp. sees no early solution to its bitter dispute with the Maharashtra State Electricity Board despite an assurance from Indian Prime Minister Atal Bihari Vajpayee that the federal government of India will step in to resolve the problem, the Economic Times, an Indian business paper, reported this morning.

The company wrote to Vajpayee more than a month ago with an offer to sell its 65-per cent stake in Dabhol Power Co. for $1 billion but the federal government has not responded, Enron India spokesman Jimmy Moghal said yesterday.

"It's been more than a month since we have communicated to government authorities and have yet to receive any response," he said, adding that Enron Chairman Kenneth Lay had written another letter to New Delhi expressing "disappointment" at the lack of progress.

The company wrote to Vajpayee saying a long legal dispute would "raise serious questions about India's image as a safe and reliable destination for foreign investment", Moghal said, noting that earlier this month Vajpayee said the federal government would facilitate a quick solution to Enron's dispute with the MSEB, which was the sole buyer of Dabhol's power.

The Economic Times quoted an Enron statement as saying "Contrary to recent impressions created ... regarding a quick resolution of the Dabhol project, little progress has so far been made with, in fact, no proximity to reaching a fair and reasonable solution."

Another paper, The Times of India, said Lay wrote in his letter to Vajpayee that foreign investors would doubt the sanctity of contracts signed in India. "Any other foreign investor or lender is going to ask himself why his contract is any more likely to be honored than ours has been," it quoted Lay as saying.

Moghal declined comment on the newspaper report.

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