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Public Service Company of Oklahoma Completes Acquisition of Green Country Power Plant

LCG, July 3, 2025--American Electric Power (AEP) announced today that on June 30, the 795-MW Green Country Power Plant officially became part of the generation portfolio of Public Service Company of Oklahoma (PSO), a unit of AEP.

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Alliant Energy Submits Plans to Iowa Utilities Commission for the Addition of 1,000 MW of Wind Capacity

LCG, July 2, 2025--Alliant Energy today announced plans to add up to 1,000 MW of wind energy generating capacity in Iowa to meet demand and ensure reliable, affordable energy for its customers. The plans are included in a filing with the Iowa Utilities Commission (IUC), and the company anticipates a decision from the IUC in the first quarter of 2026.

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Industry News

Allegheny May Seek Bankruptcy Protection

LCG, June 24, 2003Power and utility company Allegheny Energy said it might seek bankruptcy protection.

The Maryland company noted that several factors have contributed to its decline, including its trading status, the cancellation of projects, and general company performance. As a result, Allegheny is in violation of a public utility law regarding a common equity ratio requirement.

Financial agreements that Allegheny made with other firms require that the company comply with the law, and Allegheny has requested that the Securities and Exchange Commission allow it further financing.

Alleghenys ratio of equity to total capital structure is less that 28 percent.

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