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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

DTE Announces Acquisition of Peaking Plant from LS Power

LCG, November 11, 2014-DTE Energy yesterday announced its plan to acquire the gas-fired, Renaissance Power Plant from The LS Power Group for $240 million. The plant, located in Carson City Michigan, is a simple-cycle facility with an electric generating capacity of 732 MW. DTE expects to complete the purchase during the first quarter of 2015.

The acquisition of the Renaissance Power Plant will provide DTE additional peaking capacity to support resource adequacy requirements and complement intermittent renewable resources. DTE Electric's President and Chief Operating Officer stated, "The purchase of Renaissance Power provides DTE customers with a safe, affordable, reliable and clean generation resource at a cost that is significantly below new build. Tightening supply markets for electricity in the region are expected to cause prices in the state and region to rise and become more volatile. This acquisition helps protect our customers from these dynamics."

The Renaissance Power Plant includes four Siemens-Westinghouse 501FD2 simple-cycle combustion turbines, which achieved commercial operation between 2002 and 2003.
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