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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

Bechtel Completes Panda Temple I Generating Station in Texas

LCG, September 26, 2014-Bechtel announced yesterday that it has completed the 758-MW Panda Temple I Generating Station in Temple, Texas. Panda Power Funds is the owner of the natural gas-fired, combined cycle facility.

Panda Temple I Generating Station is one of four, gas-fired projects ERCOT forecast last May to be completed this summer to add a total of 2,112 MW of capacity to the grid.

Temple I Generating Station is designed for fast starts. The combustion turbines can synchronize in 10 minutes and reach full load within 30 minutes. The entire facility can reach full capacity within 60 minutes.

The facility incorporates a Siemens power island package, including the natural gas turbines, steam turbine and waste heat recovery boilers. Panda Power also plans to complete another combined cycle block, Temple II, that is scheduled to begin operations next year.

"Panda Temple I represents a tremendous team effort, including our consortium partner Siemens and Panda Power Funds, both of which worked seamlessly to bring the plant online early, which was important for our customer' and the community," said the president of Bechtel's thermal power business line. "We are pleased to have delivered a quality plant safely. As a result of a strong safety culture, the team worked the duration of the project without a single lost-time accident."
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