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SPP and Member Utilities Successfully Achieve Western Expansion Milestone

LCG, April 2, 2026--Southwest Power Pool (SPP) today announced that the expansion of its service territory into the Western Interconnection has been a success. The milestone makes SPP the first regional transmission organization (RTO) with services spanning the Eastern and Western Interconnections. Its member organizations, which cover all or part of 17 states, can now benefit from a more operationally and geographically diverse integrated system.

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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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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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