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NextEra Energy Resources and Basin Electric Power Cooperative Announce MOU to Develop 1,450-MW Natural Gas-fired Power Plant in North Dakota

LCG, December 8, 2025--Basin Electric Power Cooperative (Basin Electric) and NextEra Energy Resources, LLC (NextEra) today announced that they have signed a memorandum of understanding (MOU) to explore the joint development of the River Run Energy Center, a new combined-cycle natural gas-fueled generation facility in Basin Electric's North Dakota service territory. The proposed facility will have a planned capacity of approximately 1,450 MW.

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LCG Releases January–March 2026 PJM Congestion Outlook Featuring Fundamentals-Based 3-Month Forecast

LCG, December 2, 2025 — LCG today announced the release of its PJM Congestion Outlook for January–March 2026, delivering a fundamentals-based, three-month forecast designed to help traders and risk managers better navigate congestion risks in PJM’s FTR markets.

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Industry News

AES to Expand Generating Capacity at Buffalo Gap Wind Farm

LCG, August 29, 2006--AES Corporation announced yesterday that construction has started on Buffalo Gap 2, a major expansion of a new wind farm located near Abilene, Texas that began operations earlier this year. AES also announced that it has executed a power purchase agreement (PPA) to sell all of the green power to Texas retail electric provider Direct Energy, which is also the purchasing the power from the initial phase of the project. The new PPA has a 10-year term.

The electric generating capacity of the existing wind farm is 121 MW. Buffalo Gap 2 will include 155 new wind turbine generators from GE and add 233 MW of capacity. The expansion is scheduled to commence commercial operations in mid-2007.
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