News
LCG, August 27, 2025--Wärtsilä Energy announced yesterday an agreement with East Kentucky Power Cooperative (EKPC) to supply the engineering and equipment for a 217-MW power plant to be constructed in Liberty, Kentucky. The Wärtsilä equipment is scheduled for delivery in mid-2027, and the plant is expected to be commissioned in early 2028.
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LCG, August 25, 2025--The Utah Office of Energy Development (OED), TerraPower and Flagship Companies announced today the signing of a Memorandum of Understanding (MOU) to explore the potential siting of a Natrium® nuclear reactor and energy storage plant in Utah. The MOU establishes a shared commitment to support advanced nuclear technologies to build Utah’s energy future and to prioritize reliability, economic growth and energy abundance.
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Industry News
Southern Power Expands Its Renewable Portfolio with Wind Project Acquisition in Oklahoma
LCG, September 10, 2015-Southern Company subsidiary Southern Power yesterday announced an agreement to acquire the 151-MW Grant Wind facility in Oklahoma from Apex Clean Energy. The acquisition is expected to close in March 2016, when project construction is scheduled for completion.
Apex Clean Energy is managing the construction of the Grant Wind project, which began last month. The project plans include 66 wind turbines manufactured by Siemens. Apex will operate and maintain the facility once it achieves commercial operation.
Southern will sell the energy and associated renewable energy credits (RECs) generated by the Grant Wind project to Western Farmers Electric Cooperative, East Texas Electric Cooperative and Northeast Texas Electric Cooperative under 20-year power purchase agreements (PPAs). Each company has contracted for approximately 50 MW and will have the option to either keep or sell the RECs.
Southern Company Chairman, President and CEO stated, "Southern Company is committed to the full portfolio and this project is an important step in further expanding our fuel mix. Our second wind project and one of Southern Power's more than 20 renewable projects across America, the Grant Wind facility is a smart investment that expands our company's presence in a region with exceptional wind resources."
Last March Southern Power announced an agreement to acquire its first wind project, the 299-MW Kay Wind facility in Oklahoma. This acquisition is also from Apex Clean Energy, and the deal is expected to close in the fourth quarter of 2015.
Southern Power's renewable energy capacity is growing rapidly and, with the Grant Wind acquisition, is expected to exceed 1,600 MW, including 21 solar, wind and biomass facilities either announced, acquired or under construction.
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