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AEP Announces 702-MW Bloom Fuel Cell Project to Serve Google in Wyoming

LCG, October 14, 2026--American Electric Power (AEP) today announced plans for a 20-year power purchase agreement (PPA) with Google, under which AEP will invest approximately $4 billion to advance a new 702-MW fuel cell generation project located near Cheyenne, Wyoming. Google will acquire power from Cheyenne Fuel Cell, LLC, which is approximately 92 percent owned and controlled by AEP and 8 percent owned by funds advised by Basalt Infrastructure Partners, LLP. AEP and its partners plan to start construction this year and to be fully operational by the end of 2028.

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Constellation and Google Announce Strategic Collaboration that Includes 890 MW of New Nuclear Capacity to PJM Grid

LCG, October 6, 2026--Google and Constellation Energy today announced a long-term strategic clean energy collaboration to bring 890 MW of new, reliable, carbon-free nuclear capacity onto the PJM Interconnection grid to meet growing demand and increase grid reliability. The first uprate is expected to be delivered by 2028.

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Industry News

Reliant Energy to Change Name, Split

LCG, Dec. 18, 2001--Reliant Energy Inc. said yesterday that it would change its name to Center Point Energy as part of a plan to split itself into two companies. The name change comes less than three years after "Reliant Energy" replaced "Houston Industries" as the company's name.

It is getting harder and harder to associate companies' names with bricks and mortar.

Since Houston Industries was formed as the holding company for Houston Lighting & Power Co., a regulated utility, and for other non-regulated activities, the company has operated as two separate businesses.

The new scheme will make it official. Under a plan approved by shareholders yesterday, Center Point Energy will become a holding company that will replace Reliant Energy on the New York Stock Exchange. It will own a regulated utility also called Center Point and an unregulated energy company called Reliant Resources.

It is uncertain how long the new setup will last. Reliant spokeswoman Sandy Fruhman said "We view the formation of Center Point as an interim step," but did not say on the way to what.

The split of the company is tied to electric deregulation in Texas, according to Reliant chief executive Steve Letbetter. "Both Center Point Energy and Reliant Resources will include sizable and well-established business operations," he said. "However, regulated energy delivery is very different from competitive energy services, and each represents a distinct type of investment."

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