AEP unit Indiana Michigan Power seeks approval for 1,520-MW Rockport gas plant

Reuters2026/07/20 19:45

By:Reuters

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AEP unit Indiana Michigan Power filed with Indiana regulators to build a 1,520-MW natural gas combined-cycle plant at its Rockport site.
Project targets baseload capacity as demand in I&M’s Indiana service area is projected to more than double by early 2030s.
Regulatory decision expected in early 2027; construction slated for 2027; commercial operation targeted for summer 2030.
I&M expects roughly 1,200 construction jobs; 30-40 permanent roles; aims to cut market power purchases, reducing price volatility exposure.
I&M said the investment is already reflected in its upcoming rate-reduction filing and non-fuel rate freeze.

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: 202607201544PR_NEWS_USPR_____CL08309) on July 20, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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AEP unit Indiana Michigan Power seeks approval for 1,520-MW Rockport gas plant

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