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Entergy Estimates Customer Savings of $5B from "Fair Share Plus" Data Center Agreements

LCG, March 6, 2026--Entergy yesterday announced approximately $5 billion in total savings for 2.3 million customers in Arkansas, Louisiana and Mississippi resulting from data center customer agreements in those states. Entergy, which completed its first data center customer agreement in 2024, projects the customer savings over the next 20 years and after the regulatory approval or acknowledgement of the public service commissions in those states.

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NRC Approves the Natrium® Reactor Construction Permit for TerraPower's Wyoming Nuclear Project

LCG, March 5, 2026--The Nuclear Regulatory Commission (NRC) announced yesterday that it has authorized the staff to issue TerraPower’s subsidiary, US SFR Owner, a construction permit for the company’s Kemmerer Power Station Unit 1 commercial nuclear power plant in Kemmerer, Wyoming.

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Industry News

First Energy May Buy GPU in $12.2 Billion Deal

LCG, Aug. 7, 2000--Big Ohio utility First Energy Corp. is in talks to acquire GPU Inc. of New Jersey in a $12.2 billion deal that could be wrapped up as early as this week. The deal, if reached, would make First Energy one of the largest U.S. electric companies.

The acquisition would continue the consolidation taking place in the U.S. electric industry as a result of growing competition. At first, mid-sized utilities combined to become large enough to compete with the big companies. Now the big guns are combining their firepower.

American Electric Power Co. began the heavy duty mergers with its acquisition of Central and South West Corp. That was followed by the agreement to merge between Unicom Corp., parent of Commonwealth Edison Co., and Peco Energy Co. Last week, FPL Group announced that it would acquire Entergy Corp.

According to people familiar with the First Energy-GPU negotiations, First Energy would pay $4.5 billion in cash and stock for GPU and assume $7.7 billion in debt, but more clear terms of the deal were not known.

The boards of directors of both companies were expected to meet today to discuss the proposition.

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