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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

New Hampshire Electric Rates Hinge on PSNH Bonds

LCG, March 22, 2001If Public Service Co. of New Hampshire is unable to market between $500 million and $550 million in securitized debt by the end of this month, its electric rates will automatically increased by 5 percent on April 1.

The bond issue is one of three securitized debt issues PSNH and other Northeast Utilities subsidiaries plan to issue over the next month and a half, raising a total of around $2.1 billion. As of Tuesday, PSNH said credit ratings on its issue would not be available in time for a sale this month.

Gary Long, president of PSNH, told the New Hampshire legislature that its bond issue would probably be delayed until mid-April. He pointed out that this would allow a 10 percent rate decrease on May 1, adding that if the 5 percent increase took effect on April 1 the total reduction on May 1 would be 15 percent.

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