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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

Ex-Enron Employee Pleads Guilty to Fraud

LCG, August 21, 2002-Former Enron corporate executive Michael Kopper pled guilty to conspiracy to commit wire fraud and money laundering today.

Kopper's guilty plea was entered in Federal District Court in Houston, Texas, before Judge Ewing Werlein Jr. He has agreed to cooperate with federal investigators and also to pay back $12 million in illicitly acquired assets.

Kopper was involved with off-the-books partnerships, often helping Enron chief financial officer Andrew S. Fastow, with whom he had a close and financially complicated relationship. Fastow's dealing are a central focus of multiple investigations.

Chewco, an Enron partnership formed in 1997, was one of the Enron projects where financial statements deviated from the actual accounts. Three percent of the partnership's capital was to be from independent investors, and Kopper, along with others, worked to cover up the fact that the three percent had not been met. Enron bought out the partnership in 2001. Kopper and his domestic partner William Dodson reaped over $12 million from the sale, after an initial investment of $125,000.

Although Kopper is not the spotlight of the ongoing federal investigation of Enron, he is valued by investigators as a possible witness and has been released on a $5 million bond.

The Securities and Exchange Commission may file a civil fraud complaint against Kopper as well.

Kopper resigned from Enron in June of 2001. Enron filed for bankruptcy protection in December 2001.

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