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Energy Secretary Issues Emergency Orders to Ensure Indiana Coal-fired Facilities Remain Open to Prevent Midwest Blackouts

LCG, December 24, 2025--The U.S. Secretary of Energy today issued emergency orders to keep two Indiana coal plants operational, with the stated goal to ensure Americans in the Midwest region of the United States have access to affordable, reliable, and secure electricity heading into the winter months. The orders direct CenterPoint Energy, the Northern Indiana Public Service Company (NIPSCO), and the Midcontinent Independent System Operator, Inc. (MISO) to take all measures necessary to ensure specified generation units at both the F.B. Culley and R.M. Schahfer generating stations in Indiana are available to operate.

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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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Industry News

Talen Energy Acquires Three Combined-Cycle Plants

LCG, July 23, 2015-Talen Energy Corporation announced Monday an agreement to acquire MACH Gen, LLC, for $1.175 billion inclusive of any assumed debt, subject to customary purchase price adjustments. The transaction is expected to be completed by year-end, following regulatory review and approval.

MACH Gen, LLC, owns three combined-cycle facilities: the 1,080-MW Athens Plant in New York, the 360-MW Millennium Plant in Massachusetts, and the 1,092-MW Harquahala Plant in Arizona. Together, the facilities will add over 2,500 MWs of generating capacity to Talen Energy's fleet.

Talen Energy's President and Chief Executive Officer stated, "This negotiated deal represents a significant step in the execution of our growth strategy, and provides meaningful improvement in our cash flow profile. The transaction adds highly competitive combined cycle gas assets in NYISO and ISO-NE, two mature and liquid wholesale power markets, with the opportunity to create significant value by optimizing a very efficient gas-fired plant in Arizona."

Talen Energy is a new, independent power producer (IPP) that was created on June 1, 2015. Talen Energy is comprised of what was PPL Corporation's competitive energy business, together with the generation assets owned by Riverstone Holdings. When the PPL spinoff was completed, PPL's former power plants in Pennsylvania and Montana became part of Talen Energy, with the combined assets of the new corporation primarily located in two of the largest and more liquid, competitive electricity markets in the United States: PJM and ERCOT.

The acquisition will increase Talen Energy's total generating capacity to a total of 17,600 MW; however, Talen Energy is required to sell approximately 1,300 MWs to meet a Federal Energy Regulatory Commission (FERC) mitigation order associated with the transaction that created Talen Energy.

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