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Talen Energy Expands Its Portfolio in PJM by Acquiring 2,904-MW of Combined-Cycle Facilities

LCG, July 18, 2025--Talen Energy Corporation yesterday announced it has signed agreements to acquire Caithness Energy’s Moxie Freedom Energy Center (Moxie) in Pennsylvania and Caithness Energy and BlackRock’s Guernsey Power Station (Guernsey) in Ohio. Talen expects the transaction to be immediately accretive to free cash flow per share by over 40 percent in 2026, and over 50 percent through 2029. The net acquisition price is $3.5 billion after adjusting for estimated tax benefits, or approximately $3.8 billion gross.

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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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Industry News

BP Wind Energy Starts Construction on 200-MW Wind Project

LCG, July 22, 2009--BP Wind Energy announced last Thursday that construction has commenced on phase two of the Fowler Ridge Wind Farm in Benton County, Indiana. The 200-MW capacity addition is scheduled to deliver power to the grid in the first quarter of next year.

There are four, 50-MW, long-term power purchase agreements (PPAs) for the electricity generated from the Fowler Ridge II Wind Farm. Three agreements are with operating units of American Electric Power (AEP) and one with Vectren Energy Delivery of Indiana.

The Fowler Ridge II Wind Farm is on a 17,000-acre site located approximately 90 miles northwest of Indianapolis. The expansion includes 133 GE wind turbine generators, each with a rated capacity of 1.5 MW.

Construction began on the initial phase of the 400-MW, Fowler Ridge Wind Farm in early 2008, and full commercial operation was achieved in April of this year. Phase I includes 182 Vestas 1.65-MW turbines and 40 Clipper 2.5-MW turbines.
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