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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

Newsmakers

Jack E. Davis has been named president of Pinnacle West Capital Corp. and has been elected to its board. He will also remain president of energy deliver and sales with subsidiary Arizona Public Service Co.

Karl W. Miller has joined PG&E Corp. as National Energy Group senior vice president for marketing and business development. He most recently was in the London branch of EdF (Electricit de France) Trading Ltd., where he was senior vice president and head of the structured transaction group.

William J. Post has been elected chairman of the board of Pinnacle West Capital Corp. and will also be chairman of its principal subsidiary, Arizona Public Service. He will remain chief executive of the parent company. Post succeeds Richard Snell, who will retire effective February 5.

Angela M. Sparks has been elected Energy East Management Corp. vice president for government affairs by Energy East Corp., the holding company formed by New York State Electric & Gas Co. She most recently was director of government affairs for NYSE&G.

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