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Natura Resources Announces Agreement with NGL Energy Partners to Develop 100-MW SMRs with Large-Scale Produced Water Treatment in the Permian Basin

LCG, February 4, 2026--Natura Resources LLC (Natura), a developer of advanced molten-salt nuclear reactors, announced yesterday that it has signed an agreement with NGL Water Solutions Permian LLC, a subsidiary of NGL Energy Partners LP (NGL), to pursue opportunities to combine Natura's advanced nuclear reactor technology with thermal desalination for power production and oil and gas produced water treatment. NGL transports, treats, recycles and disposes of more than 3 million barrels per day of produced and flowback water generated from crude oil and natural gas production in the Permian Basin.

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OPG Completes Darlington Nuclear Station Refurbishment Project Under Budget and Ahead of Schedule

LCG, February 2, 2026--Ontario Power Generation (OPG) announced today that construction on the four-unit Darlington Refurbishment project is now complete. Station staff are completing final testing, and the last unit is expected to return to service in the coming weeks. OPG stated that the overall project is currently four months ahead of schedule and $150 million under budget.

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Industry News

UtiliCorp in $189 Million Winning Bid for Western Australia's AlintaGas

LCG, Aug. 1, 2000--UtiliCorp United said yesterday that it and its Australian affiliate United Energy Ltd. had won the bidding for 45 percent of AlintaGas, a natural gas distribution company being offered by the government of the state of Western Australia, with an offer of $189 million (U.S.).

AlintaGas, is based in Perth, serves about 400,000 customers and is Western Australia's principal gas distributor. The remaining 55 percent of the company will be sold to the public in Australia in a public offering scheduled for September.

Robert K. Green, president and chief operating officer of UtiliCorp and chairman of United Energy, said "AlintaGas is a well-positioned business and complements our existing Australian business very well. We expect this transaction to be slightly accretive to UtiliCorp earnings in its first year of operations."

UtiliCorp got into the Australian energy business when, in 1995, it was part of a consortium that purchased United Energy from the state of Victoria. It now owns 34 percent of United Energy.

UtiliCorp said it expected to close the AlintaGas deal by the end of October.

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