EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

AES to Buy Ipalco for $2.15 Billion Plus Debt

LCG, July 17, 2000--AES Corp. and Ipalco Enterprises Inc. announced jointly this morning that AES would acquire the Indiana utility holding company in a transaction valued at about $2.15 billion plush the assumption of around $890 million of debt and preferred stock.

Ipalco is the holding company for Indianapolis Power & Light Co. which provides retail electricservice to approximately 430,000 residential, commercial and industrial customers in Indianapolis and other central Indiana communities.

Under the terms of the deal, Ipalco shareholders would get $25 worth of AES stock for each Ipalco share they tender, which would be a 16 percent premium over the utility's closing price on Friday. The transaction is expected to be tax-free to Ipalco shareholders, accounted for as a pooling-of-interests and immediately accretive to AES earnings per share.

Upon closing, Ipalco will become a wholly-owned subsidiary of AES with its headquarters remaining in Indianapolis.

The transaction is subject to approval by Ipalco shareholders and the usual array of regulators including the Federal Energy Regulatory Commission and the Securities and Exchange Commission. As part of the SEC approval process, AES said it would restructure its ownership interests in Cilcorp in order to continue as an exempt holding company under the Public Utility Holding Company Act of 1935.

Copyright © 2026 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service