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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

Ex-Enron Trader Expected to Admit Fraud

LCG, October 17, 2002-A former employee with the West Power Trading division of Enron is expected to plead guilty to charges of fraud, according to a Reuters source.

Timothy Belden worked in Portland, Oregon during the California energy crisis and has been charged with conspiring to commit fraud.

Reportedly, Belden will plead guilty today to one count of conspiracy to commit wire fraud, an offense which in this case is related to the manipulation of California's electricity market.

He is expected to plead guilty in exchange for leniency as he will help government officials to investigate higher-level Enron executives. While Belden's lawyer has publicly contended that her client is not an upper level executive and was not acting out of greed, Senate committee investigators are of the opinion that Belden played an integral role in Enron's market manipulation strategies.

Belden's case is being heard in U.S. District court in San Francisco at noon.

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