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I&M Files Proposal to Acquire Diverse Generation to Meet Future Energy Need

I&M, an AEP company, filed with the IURC on April 11, 2025, seeking approval for a plant acquisition.
Indiana's power demand is projected to more than double by 2030, necessitating more resources.
I&M's Future Ready plan includes acquiring the Oregon Clean Energy Center with its 870 MW capacity.
Steve Baker, I&M President, stated, "It is our responsibility to ensure...reliable and affordable power."
I&M anticipates a decision from the IURC in early 2026 regarding the acquisition proposal.

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I&M Files Proposal to Acquire Diverse Generation to Meet Future Energy Need

FORT WAYNE, Ind., April 11, 2025 /PRNewswire/ -- Indiana Michigan Power (I&M), an American Electric Power (Nasdaq: AEP) company, has made a filing with the Indiana Utility Regulatory Commission (IURC) requesting approval of a certificate of public convenience and necessity…

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I&M Files Proposal to Acquire Diverse Generation to Meet Future Energy Need - PressReach

FORT WAYNE, Ind., April 11, 2025 /PRNewswire/ — Indiana Michigan Power (I&M), an American Electric Power (Nasdaq: AEP) company, has made a filing with the Indiana Utility Regulatory Commission (IURC) requesting approval of a certificate of public convenience and necessity (CPCN) to acquire the Oregon Clean Energy Center, an existing 870 megawatt (MW) natural gas plant located in Oregon, Ohio. I&M’s filing explains the need to acquire the facili…

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