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NRC Issues Subsequent License Renewals for First Time to Nuclear Reactors in Florida

LCG, December 11, 2019--The Nuclear Regulatory Commission (NRC) staff recently approved Florida Power & Light's (FPL's) application for an additional 20 years of operation for Turkey Point Nuclear Generating Units 3 and 4. This is the first time the NRC has issued renewed licenses authorizing reactor operation from 60 to 80 years. The subsequent (or second) license renewals (SLRs) for Turkey Point Unit 3 and Unit 4 now expire on July 19, 2052 and April 10, 2053, respectively.

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New York Poised to Close Last Coal-fire Power Plant

LCG, December 4, 2019--The last operating coal-fired power plant in New York is moving toward closure shortly. Last month, Somerset Operating Company, a subsidiary of Riesling Power LLC, submitted a request to the New York State Public Service Commission (NYSPSC) to waive the state's required, 180-day notice to close the Somerset Station, allowing the facility to be retired on February 15, 2020. Closure is contingent on approvals by both NYSPSC and the New York Independent System Operator (NYISO), which will evaluate if it will cause an adverse effect on grid reliability.

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Industry News

Southern Union Shareholders Back Acquisitions

LCG, Aug. 31, 2000Shareholders of Southern Union Co., a natural gas company serving more than 1.2 million customers in four states and Mexico, have approved the acquisition of Providence Energy Corp. of Rhode Island and Fall River Gas Co. of Massachusetts, the company said yesterday.

These acquisitions, along with that of Valley Resources Inc., will add more than 300,000 customers to Southern Union, bringing its customer base to approximately 1.6 million. On Tuesday, Fall River Gas shareholders approved that merger agreement while Providence Energy and Valley Resources shareholders had approved their transactions earlier.

" These positive shareholder responses reflect a vote of confidence that our strategy of enhancingcustomer service while building shareholder value continues to succeed in this changing environment," said Southern Union President and Chief Operating Officer Peter H. Kelley.

Southern Union serves customers in Texas, Missouri, Pennsylvania, Florida and Mexico. Its natural gas operating divisions include Southern Union Gas Co., Missouri Gas Energy Co., PG Energy and Atlantic Utilities Inc.

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