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Brookfield and Google Sign Nationwide Hydro Framework Agreement to Deliver up to 3,000 MW of Carbon-Free Hydro Power

LCG, July 16, 2025--Brookfield Asset Management (BAM), together with Brookfield Renewable (Brookfield) and Google yesterday announced a first-of-its-kind Hydro Framework Agreement (HFA) to deliver up to 3,000 MW of carbon-free hydroelectric capacity across the nation

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The Frontier Group of Companies Announces Plans to Convert Retired 2.7-GW Coal-fired Plant into 3.6-GW Natural Gas-fired Facility in Pennsylvania

LCG, July 15, 2025--The Frontier Group of Companies (“FGC”), owner and developer of the 660-acre Shippingport Industrial Park in Pennsylvania, today announced that it will convert the former coal-fired Bruce Mansfield Power Plant, which was closed in 2019, into a significantly larger, state-of-the-art, natural gas-fired power generation facility with greater on-site generation capacity. FGC has also secured a partner to build a co-located data center facility to support America’s demand for AI infrastructure.

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Industry News

Consumer Advocates Ask Iowa Regulators to Limit Interstate Rates

LCG, September 19, 2002-The OCA, Iowa's consumer advocate, has requested that electricity regulators lower annual rates by $22.4 million.

After inspecting financial information of Alliant Energy Corporation, parent to Interstate Power & Light Company, consumer advocates found that utility assets were used as the guarantee on $952 million borrowed by a separate Alliant Energy subsidiary.

The OCA has said that the holding company would have the capability of using Interstate Power & Light's capital to benefit shareholders by improving electricity rates for itself. The OCA believes that any benefits should be passed on to ratepayers, who financed asset purchases in the first place. Therefore, OCA has requested that Iowa regulators limit Interstate Power & Light's rates, as opposed to allowing the $82 million rate increase that the company requested previously.

Interstate Power & Light finds the logic requisite of a "leap," noting that ratepayers do not take investment risks like shareholders and that any revenue reduction would be seriously harmful to the utility.

A hearing has been planned for October 22.

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