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NextEra Energy Resources and Basin Electric Power Cooperative Announce MOU to Develop 1,450-MW Natural Gas-fired Power Plant in North Dakota

LCG, December 8, 2025--Basin Electric Power Cooperative (Basin Electric) and NextEra Energy Resources, LLC (NextEra) today announced that they have signed a memorandum of understanding (MOU) to explore the joint development of the River Run Energy Center, a new combined-cycle natural gas-fueled generation facility in Basin Electric's North Dakota service territory. The proposed facility will have a planned capacity of approximately 1,450 MW.

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LCG Releases January–March 2026 PJM Congestion Outlook Featuring Fundamentals-Based 3-Month Forecast

LCG, December 2, 2025 — LCG today announced the release of its PJM Congestion Outlook for January–March 2026, delivering a fundamentals-based, three-month forecast designed to help traders and risk managers better navigate congestion risks in PJM’s FTR markets.

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Industry News

Tenaska to Build 1,250 Megawatt Oklahoma Plant

LCG, June 22, 2001--Tenaska Inc. and Kiowa Power Partners said yesterday they will begin construction next month on the Kiamichi Energy Facility, a 1,250 megawatt natural gas-fueled power plant near McAlester, Okla.

The facility will be located on an 100-acre site approximately three miles south of the town of Kiowa and is expected to enter commercial operation in about two years.

"KPP began the development of the Kiamichi Project in early 2000. Since that time, we have beenworking closely with the local community concerning all aspects of the project," said Mark Wilson, managing director of Kiowa Power Partners.

Darrell Bevelhymer, Tenaska's vice president of business development, said "The Kiamichi Energy Facility is expected to be among the largest privately funded economic development projects ever undertaken in Oklahoma. Throughout its construction and future operations, the project will provide significant economic benefits to the Kiowa, McAlester and Atoka region."

A partnership between Black & Veatch of Kansas City, Mo., and Zachry Construction Company of San Antonio, Texas, will handle engineering, procurement and construction for Tenaska, which has overall responsibility for the project's final-stage development, financing and construction.

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