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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

Southern Unit Plans Increase in Europe Generation

LCG, Feb. 15, 2001Mirant Corp. said this morning at a company press conference in Berlin that it was seeking significant increases in generation capacity on the Continent by 2006.

"We plan to raise our European power generation capacity to 12,000 megawatts from currentlyaround 1,000 megawatts over the next five years," spokesman Markus Baluska said. "The expansion will be made through acquisitions and co-operation agreements with existing producers as well as through new plant projects."

Mirant has already placed orders for turbines for nine cogeneration plants with a combined capacity of about 3,500 megawatts. That equipment is scheduled to be delivered by early 2004.

Stefan Sprick-Schuette, chief of Mirant's German operations said the company was looking at Scandinavia, Germany, Switzerland and Italy.

Mirant is the inexplicable new name chosen for the former Southern Energy. It is still a subsidiary of The Southern Co.

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