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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

Construction Commences on Enel Green Power's 150-MW Wind Farm in Oklahoma

LCG, November 27, 2013--Enel Green Power S.p.A. (Enel Green Power) announced last week that it, through its subsidiary Enel Green Power North America, Inc., has begun construction work on the 150-MW Origin Wind Power Project located in Murray and Carter Counties, Oklahoma. The electricity generated from the project is under contract with Arkansas Electric Cooperative Corp. through a 20-year power purchase agreement (PPA).

The Origin Wind Power Project, owned by Origin Wind Energy LLC, a subsidiary of Enel Green Power North America, Inc., is expected to be completed and commence operations by the end of 2014.

The total project investment is estimated to be approximately $250 million and is financed through the Enel Green Power Group?s own sources.

The announcement states that the project holds the necessary requisites to qualify for production tax credits (PTC).

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