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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

FPL-Entergy Merger in Trouble, Companies Say

LCG, March 19, 2001FPL Group Inc. and Entergy Corp. said jointly this morning that their proposed merger has encountered "significant" difficulty and the companies would meet in the near future to address the issues.

In a brief statement, the two firms said without further elaboration "certain issues have arisen in connection with their pending merger, including governance structure/value-related issues and integration of the two companies going forward."

Allyson Orlando, an analyst with Lehman Brothers, which had rated Entergy as a "strong buy," said "We view this development as damaging to our investment thesis." Lehman cut Entergy back to "buy."

The merger would create the largest electricity distribution company in the U.S. The companies said they would have no further comment on the matter until after they meet.

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