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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

New Bolivian Power Plants would Serve Brazil

LCG, July 27, 2000--Natural gas prices in Bolivia are about a third of those in Brazil, a circumstance prompting Enron Corp. of the U.S. and Brazils state-owned oil company Petrobras to plan new power plants in Bolivia to send power across the border into Brazil, the business newspaper Valor reported yesterday.

Enron said it would build a 150 megawatt gas-fired power plant in the Bolivian border town of Porto Suarez and construct a 14-mile transmission line to hook it up with the Brazilian grid. "The choice to build on Bolivian soil was based on economic and strategic criteria," said Enron Energy vice president Joao Carlos Alburquerque.

Power from the Porto Suarez plant would be bought by Elektro, a Brazilian subsidiary of Enron.

Petrobras also wants to build a 150 megawatt plant in Bolivia and is negotiating to bring the Bolivian government in on the deal. Petrobras owns rights to about 10,600 billion cubic feet of Bolivian natural gas reserves, nearly a third of the countrys total.

Bolivia would like Petrobras to accept gas for the power plant from any source, but Petrobras wants all the gas used for plant fuel to come from its own Bolivian gas production units.

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