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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

Entergy Arkansas to Acquire Combined-Cycle Plant

LCG, July 13, 2011--Entergy Arkansas, Inc., a subsidiary of Entergy Corporation, announced yesterday its plans to purchase the 620-MW Hot Spring Energy Facility from KGen Power Corporation for $253 million. The purchase agreement is pending regulatory approvals.

The Hot Spring Energy Facility, located about 50 miles southwest of Little Rock, is a combined-cycle gas plant that commenced commercial operations in June 2002. The facility includes two combustion turbines, two supplemental-fired heat recovery steam generators (HRSGs), a chiller system to cool the turbine inlet air in the summer, and one condensing steam turbine generator. In addition, 393-acre site was designed with certain common facilities in place to support a second, 620-MW station.

Entergy stated the acquisition comes at a low cost and without project risks. Furthermore, the gas-fired facility conforms with Entergy's long-term strategic plan to meet the future needs of its customers. The President and Chief Executive Officer of Entergy Arkansas, Inc. stated, "We view this as a sound investment to meet future power demand in Arkansas. Hot Spring is a well-maintained, proven facility in our service area, and it will provide us with reliable, low-cost energy to serve the growing needs of our customers."

The Director of Resource Planning for Entergy Arkansas stated, "Acquiring additional capacity also helps fill the company's generation shortfall at the most economic market price benefiting our customers. All of these combined steps lead to downward pressure on costs to the consumer."

In the Southeast, Entergy is not alone in acquiring modern gas-fired, combined-cycle plants. Last week, the Tennessee Valley Authority (TVA) announced plans to purchase the 968-MW Magnolia Combined Cycle Gas Plant in northern Mississippi from Kelson Limited Partnership. In April, Oglethorpe Power Corporation completed the purchase of two natural gas-fired, combined cycle generating units in Georgia from KGen Power Corporation for a purchase price of approximately $529 million, including working capital and other closing adjustments. The two Murray units represent an aggregate summer planning reserve generating capacity of about 1,220 MW.
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