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Constellation and Google Announce Strategic Collaboration that Includes 890 MW of New Nuclear Capacity to PJM Grid

LCG, October 6, 2026--Google and Constellation Energy today announced a long-term strategic clean energy collaboration to bring 890 MW of new, reliable, carbon-free nuclear capacity onto the PJM Interconnection grid to meet growing demand and increase grid reliability. The first uprate is expected to be delivered by 2028.

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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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Industry News

Sierra Pacific Sells Water Assets To Truckee Meadows

LCG, Jan. 16, 2001--Sierra Pacific Resources Inc. said yesterday it sell its water business in the Reno-Sparks area of Nevada to the Truckee Meadows Water Authority for $350 million. The transaction is expected to close in spring.

The water supply and distribution business serves more than 72,000 customers and has about 85 employees. The water company assets include modern treatment facilities and distribution infrastructure, hydroelectric facilities located on the Truckee River and certain water rights and storage rights at Donner and Independence Lakes in the high Sierras.

Jeff Ceccarelli, president of Sierra Pacific Power Co., said, "This is a very good outcome for us and TMWA. Their bid was evaluated against our selection criteria which included price, time to close the deal, and the ability to handle the important customer and employee issues."

Sierra Pacific said that proceeds from the sale will be used for reduction of debt and for investment in the company's core businesses of electric and gas distribution and transmission.

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