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Matrix Renewables Announces the Commissioning of Pleasant Valley Solar 1

LCG, April 15, 2025--Matrix Renewables announced today the successful commissioning of the Pleasant Valley Solar 1 power generation facility in Ada County, Idaho. The 200-MWac solar facility includes a Power Purchase Agreement (PPA) that was secured through negotiation with Meta and Idaho Power. Matrix Renewables states the facility is the largest operational solar facility in Idaho Power's system. Sundt Renewables, the Engineering, Procurement, and Construction (EPC) services provider, completed construction of the project on March 2nd.

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Duke Energy Seeks to Extend Operating License for Robinson Nuclear Plant

LCG, April 9, 2025--Duke Energy announced yesterday its submission of a subsequent license renewal (SLR) application to the U.S. Nuclear Regulatory Commission (NRC) for the Robinson Nuclear Plant, a 759-MW nuclear unit located near Hartsville, South Carolina. The application requests extending the plant's operations for an additional 20 years.

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Industry News

UtiliCorp Closes St. Joseph Deal, Quits on Empire District

LCG, Jan. 3, 2001UtiliCorp United Inc. said yesterday that it had completed its acquisition of St. Joseph Light & Power Co. Separately, the company announced it has terminated its agreement to acquire the Empire District Electric Co.

In a letter sent yesterday to Myron W. McKinney, Empire District president and chief executive officer, UtiliCorp President and Chief Operating Officer, Robert K. Green, pointed out that under the terms of the agreement, either company could terminate the deal if regulatory approvals of the merger were notobtained by December 31.

Arkansas has rejected the merger, Missouri has approved the merger but rejected the companies' regulatory plan in support of it, and Kansas has yet to take action.

"The significant remaining uncertainty of this lengthy regulatory process prevents any reasonableexpectation that the merger could ever be completed with balanced benefits accruing to Empire'scustomers and the shareholders of both companies," Green said.

Myron W. McKinney, Empire's chief executive, said his company was disappointed, but "will continue providing the quality services that our customers expect and deserve while providing a fair and reasonable return to our shareholders."

As to closing the St. Joe deal, Green said "The merger joins two of Missouri's most experience utilities, which have adjacent territories."

Under the terms of the merger agreement, St. Joe shareholders will receive .7933 shares ofUtiliCorp common stock for each share of St. Joe stock held as of December 29.

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