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Vault 44.01 Receives EPA Class VI Permit Approval for CCS Project in Indiana

LCG, April 9, 2026--Vault 44.01 Ltd. (Vault) announced today that the U.S. Environmental Protection Agency (EPA) Region 5 has issued a final Underground Injection Control (UIC) Class VI permit for the One Carbon Partnership CCS project (the "OCP Project") near Union City, Indiana. The One Carbon Partnership is a joint venture between Cardinal Ethanol and Vault.

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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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Industry News

Newsmakers

Kevin S. Crutchfield will become president of Coastal Coal Co., an affiliate of El Paso Corp. subsidiary El Paso Merchant Energy, beginning today. He most recently was president of Amvest Corp. and previously held the position of chairman, president and chief executive of Cyprus Australia Coal Co., as well as other executive positions with Pittston Coal Co.

Michael P. Holstein, a utility executive with more than 20 years of business experience, has been named vice president and chief financial officer of the Midwest Independent Transmission System Operator Inc.

Constance H. Lau has been elected a director of Hawaiian Electric Industries Inc. and appointed president and chief executive officer of American Savings Bank, F.S.B., one of Hawaiian Electric's two core operating subsidiaries. She most recently was treasurer and chief financial officer of HEI Power Corp., another subsidiary.

David G. Mengebier has bee promoted to senior vice president for governmentaland public affairs by CMS Energy Corp., succeeding John W. Clark, who will retire effective August 1. Mengebier is currently vice president of governmental and international affairs, based in Washington, D.C.

Mark Ruelle, senior vice president and chief financial officer of Sierra Pacific Resources Inc. has been named president of subsidiary Nevada Power Co., replacing Steve Rigazio, who is retiring June 1 due to health reasons. Ruelle will continue to serve as chief financial officer until a replacement is named.

W. Mark Schmitz has been appointed vice president and chief financial officer of fuel cell maker Plug Power Inc. He joins the company from General Motors Corp., for which he most recently was vice president and chief financial officer of its DirecTV Latin America subsidiary.

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