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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

Enron Creditors to Receive 16.6 Percent

LCG, September 18, 2003Enron Corporation has noted that its creditors can expect to get more of what they are owed.

Enron, currently splitting up its assets in bankruptcy court, has pointed out that the value of its assets has improved. Therefore, creditors can expect to recover closer to 16.6 to 19.5 percent recovery, wheras previous estimates were for 14.4 to 18.3 percent.

Creditors to the Enron parent company can expect 16.6 percent recovery, while creditors to Enron North America Corp. will probably get 19.5 percent.

Enron filed for bankruptcy protection in December 2001. The corporation will likely separate Cross-Country Energy, Prisma Energy International and Portland General Electric (PGE) from its bankruptcy proceedings and is hoping to keep PGE in one piece.

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