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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

Dynegy Sheds Illinois Power Utility

LCG, Nov. 3, 2003--Dynegy Inc., which is hoping to regain financial strength when the energy market recovers, sold the regulated utility Illinois Power to Exelon Corp. for $2.23 billion, it announced today.

Talks concerning the deal have been in progress since September. The transaction, which relieves Dynegy of $1.8 billion of debt, will result in the company receiving a $150 million promissory note and approximately $275 million cash.

By acquiring Illinois Power, Exelon will serve an additional 650,000 natural gas and electricity customers in Illinois. It currently produces power for 3.4 million customers in northern Illinois and 1.9 million electricity and natural gas customers in the area of Philadelphia, Pennsylvania.
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