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AEP Announces 702-MW Bloom Fuel Cell Project to Serve Google in Wyoming

LCG, October 14, 2026--American Electric Power (AEP) today announced plans for a 20-year power purchase agreement (PPA) with Google, under which AEP will invest approximately $4 billion to advance a new 702-MW fuel cell generation project located near Cheyenne, Wyoming. Google will acquire power from Cheyenne Fuel Cell, LLC, which is approximately 92 percent owned and controlled by AEP and 8 percent owned by funds advised by Basalt Infrastructure Partners, LLP. AEP and its partners plan to start construction this year and to be fully operational by the end of 2028.

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Constellation and Google Announce Strategic Collaboration that Includes 890 MW of New Nuclear Capacity to PJM Grid

LCG, October 6, 2026--Google and Constellation Energy today announced a long-term strategic clean energy collaboration to bring 890 MW of new, reliable, carbon-free nuclear capacity onto the PJM Interconnection grid to meet growing demand and increase grid reliability. The first uprate is expected to be delivered by 2028.

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Industry News

Powergen sells European Assets to NRG Energy

LCG, April 17, 2001Powergen Plc of the United Kingdom said this morning it has sold its mining and electric generation assets in Germany and Hungary to NRG Energy of the United States for 130 million ($187 million U.S.).

"The deal completes Powergen's strategic refocusing on the U.S. and UK energy markets and thesale of its international business, other than a minority stake in the holding companies for Powergen'sformer interests in Australia, India and other parts of Asia," the company said in a news release.

NRG will acquire Csepel I and II of Hungary as well as Powergen's interest in Germany's Mibrag GmbH and Saale Energie GmbH. The European assets earned 28 million ($40 million) in profits for Powergen last year.

Powergen said the sale was part of its debt reduction program that would result in corporate debt being slashed by 1.37 billion, "significantly ahead of the one billion pounds target originally set".

Last week, Powergen agreed to a takeover by German utility Eon for 9.6 billion including assumption of debt.

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