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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

EU Regulators Okay Montedison Takeover

LCG, Aug. 28, 2001--European Union regulators this morning tentatively approved the takeover of Italy's second-largest utility Montedison by Fiat and Electricit de France, but warned that they would reopen the case if EdF begins to exercise control.

"The takeover will not adversely affect competition in the Italian electricity market," the European Commission said in a statement. "Montedison will be controlled by Fiat and the latter has only a small activity in the electricity sector."

But the EU is cautious about EdF's intentions. It is Europe's largest power company and owns 18 percent of Italenergia, the bidding vehicle being used by it, Fiat and a group of banks to acquire Montedison.

The Italian government, more than cautious about EdF's intentions, passed legislation in May to limit the French company's voting rights to 2 percent. Eventually, Italenergia agreed to "voluntarily" accept the 2 percent limit on EdF's vote.

"At the moment it is no doubt that EdF does not have any control, any influence over Italenergia," said European Commission spokeswoman Amelia Torres. "Two percent would not give anyone control."

EdF has earned the watchfulness of the Commission. The French national monopoly was a year late in opening up its own market to competition and then did so to the minimum allowable extent. It has also been aggressive is purchasing utilities in other European nations while denying entry to its own.

The Commission is currently investigating complaints that France provides state aid to EdF, which gives it an unfair competitive advantage, which is against EU rules.

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