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The Nuclear Company Announces a 6.6 GW Nuclear Project to Commence Construction by 2030 in Kentucky

LCG, October 21, 2026--The Nuclear Company today announced a proposed nuclear energy campus in Kentucky that could potentially provide 6.6 GW of electric generating capacity. The Prosperity One nuclear energy campus, located along the Ohio River in eastern Kentucky, could accommodate up to six Westinghouse AP1000 reactors and would be the largest nuclear power generation site in the nation if fully constructed.

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FERC Proposes NEPA Revisions to Streamline Air Quality Analyses and Accelerate Natural Gas Projects

LCG, October 16, 2026--The Federal Energy Regulatory Commission (FERC) announced on Thursday its new proposal to revise and accelerate its review of air quality effects for proposed natural gas projects under the National Environmental Policy Act (NEPA). The draft policy statement highlights revisions designed to (i) avoid unnecessary delays and duplicative analysis and (ii) deliver greater regulatory certainty and a streamlined path forward for project applicants.

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Industry News

Enron India Lenders to Meet in London

LCG, April 19, 2001Enron Corp. said this morning that its Enron India subsidiary has scheduled an April 23 meeting in London with financial institutions that lent money for the construction of the Dabhol power plant in India's state of Maharashtra.

The meeting is planned to bring Dabhol's lenders up to date on ongoing differences with Maharashtra and the state's government owned utility, but could foreshadow international arbitration in the dispute. Earlier this month, Enron issued a notice of "force majeure" which is the first step in taking the matters to arbitration.

Maharashtra agreed with Enron in 1995 on construction of a 740 megawatt "first phase" of Dabhol and to a 1,450 megawatt second phase to be built on the heels of the first, with the state to purchase the entire output. The state's utility, the Maharashtra State Electricity Board, has defaulted regularly on payments to Dabhol for power from the first phase and now says it has no interest in the second phase, which is nearly complete.

Enron has twice invoked India's federal guarantee to secure payment of monthly electric bills and is now owed about $48 million for power delivered in January. Lenders have extended about $1.2 billion for construction of the second phase, which is expected to begin operation later this year.

Lenders likely to attend next Monday's meeting in London include the Indian institutions Industrial Development Bank of India, Industrial Finance Corporation of India , Canara Bank, State Bank of India and ICICI Ltd., an investment bank.

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