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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

AEP to Buy Houston Pipe Line Co. from Enron

LCG, Jan. 12, 2001American Electric Power Co. said yesterday it had signed an agreement for its AEP Energy Services Gas Holding Co. subsidiary to acquire Houston Pipe Line Co. from Enron Corp. through a stock purchase. Financial terms were not disclosed.

Houston Pipe Line owns or leases, and operates, one of the most extensive and flexible natural gas gathering, transportation and storage operations in Texas. Its intrastate system includes more than 4,400 miles of pipe with capacity of approximately 2.4 billion cubic feet per day and the operation of one of the largest storage facilities in North America with a capacity of approximately 118 billion cubic feet and significant injection and withdrawal capacity.

Paul Addis, an AEP executive vice president, said the deal "will enhance AEP's natural gas business with its multiple connections into the production areas of Texas, its numerous interconnects with intrastate and interstate pipelines, and its position in and around Houston as a premier provider of natural gas."

AEP said the transaction should close before summer, The deal requires certain regulatory approvals and is subject to an anti-trust waiting period.

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