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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

Allegheny Energy to Build 1,080 Megawatt Arizona Plant

LCG, Oct. 19, 2000--Allegheny Energy Inc. said yesterday that its unregulated generation subsidiary plans to build a 1,080 megawatt natural gas-fired merchant generating facility in Arizona, about 75 miles west of Phoenix.

Allan J. Noia, chief executive of Allegheny Energy, said "This facility will give us our first generating capacity in the western United States and shows we are making significant progress toward becoming a national energy supplier."

Allegheny Energy Supply Co. is expected to begin construction of the $540 million combined-cycle facility sometime in 2002, with commercial operation scheduled for 2005. Output from the plant will be sold into wholesale markets served by the Western Systems Coordinating Council, including most of the western U.S. and Canada.

Arizona's La Paz County looks forward to the revenue the plant will produce. Joyce Barker, a county supervisor, said "Our county will see a big boost in the economy during construction, as well as several million dollars in increased tax revenue once it is complete."

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