AEP's Indiana Michigan Power Wins Regulatory Approval to Acquire Oregon Clean Energy Center
Indiana Michigan Power (I&M), a subsidiary of American Electric Power Company Inc. (AEP), has received approval from the Indiana Utility Regulatory Commission to acquire the Oregon Clean Energy Center, an 870 MW natural gas plant in Ohio. The acquisition is part of I&M’s Future Ready plan and is expected to be completed by March 2026.
Indiana Michigan Power (I&M), a subsidiary of American Electric Power Company Inc. (AEP), has received approval from the Indiana Utility Regulatory Commission (IURC) to acquire the Oregon Clean Energy Center, an existing 870 megawatt natural gas plant in Oregon, Ohio. This approval follows an agreement with the Indiana Office of Utility Consumer Counselor (OUCC) and consumer groups, and comes after earlier approval from the Federal Energy Regulatory Commission. The acquisition is part of I&M’s Future Ready plan to ensure reliable and affordable energy for its customers. Ownership transfer of the facility is expected to be completed by March 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AEP - American Electric Power Company Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CL29272) on November 19, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
