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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

FERC Will Question El Paso Electric About Enron

LCG, October 29, 2002-The Federal Energy Regulatory Commission intends to further examine transactions between Enron and Texas utility El Paso Electric.

El Paso Electric, not to be confused with the unrelated gas company El Paso Corp., was intimately involved with electricity sent into California during the energy crisis of 2000/2001. Enron marketing associates were reportedly involved with trading electricity on behalf of the utility.

Pedro Serrano, former El Paso Electric vice president, and Kathy Peterson, a current employee in the utility's power marketing segment, will be questioned on November 6. The depositions, to be held at FERC's Washington headquarters, are intended to uncover whether or not the utility participated in any of Enron's convoluted trading schemes in order to manipulate Western electricity markets.

Earlier this year FERC began investigations of El Paso Electric when the utility was found to have "excessive joint dealings" with now bankrupt energy company Enron in 2000 and 2001. El Paso Electric made significant revenue from such dealings, taking in $7.3 million during the month of June in 2000.

El Paso Electric serves roughly 309,000 customers in Western Texas and Southern New Mexico.

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