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Wärtsilä to Supply the Engineering and Equipment to East Kentucky Power Cooperative for 217-MW Power Plant

LCG, August 27, 2025--Wärtsilä Energy announced yesterday an agreement with East Kentucky Power Cooperative (EKPC) to supply the engineering and equipment for a 217-MW power plant to be constructed in Liberty, Kentucky. The Wärtsilä equipment is scheduled for delivery in mid-2027, and the plant is expected to be commissioned in early 2028.

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TerraPower, Utah's Office of Energy Development, and Flagship Companies Sign MOU to Identify Sites for Advanced Nuclear Reactors

LCG, August 25, 2025--The Utah Office of Energy Development (OED), TerraPower and Flagship Companies announced today the signing of a Memorandum of Understanding (MOU) to explore the potential siting of a Natrium® nuclear reactor and energy storage plant in Utah. The MOU establishes a shared commitment to support advanced nuclear technologies to build Utah’s energy future and to prioritize reliability, economic growth and energy abundance.

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Industry News

Westcoast Energy in Plant Sale to TransCanada

LCG, Sept. 7, 2000Westcoast Energy Inc. of Vancouver, British Columbia said yesterday it would sell two Canadian cogeneration power plants and its 50 percent interest in three others to TransCanada Power of Calgary.

The deal will bring Westcoast $234 million Canadian ($160 million U.S.) is cash and TransCanada will assume $512 million ($348 million) in debt associated with the plants. Westcoast said it will report a net gain after taxes and other costs of about $75 million ($50 million) on the sale.

Michael Phelps, chairman and chief executive of Westcoast, said "This sale is at a very attractive price and will allow us to redeploy the proceeds to new power generation and other projects that are part of our ongoing capital investment program."

Phelps said Westcoast would focus on opportunities in the merchant power business. The cogeneration assets being sold to TransCanada are:

  • A 100 percent interest in the 250 megawatt Island Cogeneration Plant near Campbell River, British Columbia, which is expected to begin operation in the fourth quarter of 2000.

  • A 100 percent interest in the 110 megawatt Fort Frances Cogeneration Plant in Fort Frances,Ontario.

  • A 50 percent interest in the 110 megawatt Lake Superior Cogeneration Plant at Sault Ste Marie, Ontario.

  • A 50 percent interest in the 50 megawatt Whitby Cogeneration Plant at Whitby, Ontario.

  • A 50 percent interest in the 117 megawatt McMahon Cogeneration Plant at Taylor, British Columbia.

Westcoast said it expects to close the sale later this year, subject to regulatory approvals.

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