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Department of Energy Announces $4.2 Billion Investment to Boost Nuclear Power in Pennsylvania and Ohio

LCG, October 5, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) today announced a conditional loan commitment of up to $4.2 billion to finance nuclear uprates and modernization across Vistra’s nuclear fleet in Pennsylvania and Ohio. The projects are expected to preserve nearly 4 GW of carbon-free, baseload power and add 433 MW of new nuclear capacity that will support the growing electricity demand across the PJM region.

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We Energies and Oracle Announce New Agreement for Point Beach Nuclear Plant to Power Project Lighthouse

LCG, October 2, 2026--We Energies, a subsidiary of Milwaukee-based WEC Energy Group, and Oracle today announced an agreement that would allow Oracle to "subscribe" to between 10 percent and 20 percent of the Point Beach Nuclear Plant’s electricity generation. Oracle will provide the carbon-free energy to Project Lighthouse, the data center campus in Port Washington that Oracle is co-developing with artificial intelligence firm OpenAI.

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Industry News

Cleco, Calpine in 20-Year Fuel-for-Power Deal with Aquila

LCG, Oct. 23, 2000--Cleco Corp. and Calpine Corp. announced jointly on Friday they have signed a 20-year contract with Aquila Energy, a subsidiary of UtiliCorp United Inc., for 580 megawatts of the output of their 1,000 megawatt Acadia Power Project currently under construction in Acadia Parish, La.

Calpine and Cleco Midstream Resources each have a 50 percent interest in Acadia Power Partners, which owns the 1,000 megawatt combined-cycle plant. Construction on the unit began in July and is on schedule for completion by June 2002.

Under the arrangement, called a "tolling agreement" in the trade, Aquila Energy will supply the natural gas needed to generate 580 megawatts of electricity and will own and market the produced power. The agreement goes into effect July 1, 2002.

Cleco is the holding company for the former Central Louisiana Electric Co., the utility that started out as an ice house in 1914. The ice house had a 50 kilowatt generator to run its refrigeration equipment and sold a little power on the side. By 1934, that had grown to be Louisiana Ice & Electric Co. and the rest, as they say, is history.

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