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Holtec Achieves Milestone towards Restarting Palisades Nuclear Facility and Advances Plans to Build Two SMRs at Palisades Site

LCG, March 31, 2026--Holtec International yesterday announced that it successfully completed a milestone test necessary to return Holtec's Palisades Nuclear Generating Station to service. The 805-MW pressurized water reactor (PWR) is located in Michigan and was shut down by Entergy in May 2022. Holtec acquired the facility in June 2022 and has pursued a path to return the plant to service.

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Arbor Signs Agreement with GridMarket for 5 GW of Baseload Power

LCG, March 25, 2026--Arbor Energy today announced an agreement with GridMarket, an energy and infrastructure project facilitator, to deliver up to 5 GW of zero-emission power starting in 2029. GridMarket supports large energy users, including data centers, manufacturers, and logistics providers, with securing reliable and cost-effective power.

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Industry News

State Okays Dayton Power & Light Sale of Gas Assets

LCG, July 13, 2000--The Public Utilities Commission of Ohio has approved the sale by Dayton Power & Light Co. of its natural gas distribution assets to Vectren Corp., the curiously-named holding company for Indiana Gas Co. and Southern Indiana Gas & Electric Co.

As part of their ruling, the regulators ordered that Vectren adopt DP&Ls existing tariff for gas service. The business will operated under the name Vectren Energy Delivery of Ohio Inc.

Niel C. Ellerbrook, chief executive of Vectren, said "With the timely receipt of the PUCO order, we are one step closer to our goal of completing this acquisition and providing quality services to our new customers in Ohio."

The transaction still must be approved by the Securities and Exchange Commission under the Public Utility Holding Company Act. Other remaining approvals include the Federal Communications Commission's authorization of the transfer of radio licenses held by DP&L, and action by certain local authorities regarding the transfer of operating rights.

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