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U.S. Coal-fired Generating Capacity Retirements in 2025 Are Less Than 20 Percent of Retirements in 2022

LCG, April 13, 2026--The EIA today released an "In-brief Analysis" of U.S. coal-fired generating capacity retirements in 2025. A highlight of the analysis is that, during 2025, the electric power sector retired 2.6 GW of coal-fired generating capacity at four power plants, which is (i) the least since 2010 and (ii) 5.9 GW less than the planned retirement of 8.5 GW at the beginning of 2025.

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EPA Proposes Rule Changes to Coal Combustion Residuals (CCR) Requirements to Restore American Energy Dominance

LCG, April 10, 2026--The U.S. Environmental Protection Agency (EPA) announced yesterday a rule proposing several revisions to the federal regulations governing the disposal of coal combustion residuals (CCR) and the beneficial use of CCR. The EPA designed the rule to encourage resource recovery, allow for site-specific considerations in permitting, and provide regulatory relief while continuing to protect human health and the environment. The EPA will be accepting comments on the rule for 60 days after publication in the Federal Register, and it will also hold an online public hearing on the rule.

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Industry News

AES in Takeover Bid for Chile's Edelnor

LCG, Aug. 6, 2001--AES Corp. of the U.S. said on Friday that it would attempt to take over Chilean power generation company Empresa Electrica del Norte Grande S.A., or Edelnor, by making a $128 million cash offer for the company's debt.

Edelnor, which is 82 percent owned by Mirant Corp., also of the U.S., operates in northern Chile's mining area and consists of 716 megawatts of generation, 1,056 kilometers of transmission and it is also an electric marketing and sales company selling to distribution and large industrial companies.

AES said the offer to acquire Edelnor's debt, for which it will require a 62.5 percent discount, is contingent upon 100 percent participation by bondholders and also upon Mirant's willingness to virtually give the company away. AES says it wants all 375,844,194 shares for a total price of $1,000.

Mirant may be willing to shrug off Edelnor. In a statement Friday, the company said it will not invest any more money in the Chilean firm unless it can see how it will be repaid. And Ray Hill, Mirant's chief financial officer, said "It is difficult at the present time to envision how we would receive such assurances of repayment in the absence of an advanced sales agreement for the company."

The AES offer of $375 per $1,000 of Edelnor debt is higher than a $322 offer made last month by Electroandina, a Chilean power firm controlled by Tractebel of Belgium.

Naveed Ismail, president of AES Andes, said, "This step by AES is further evidence of our confidence in Chile and the business climate we currently experience. We believe our offer is fair for the existing bondholders and is also an attractive investment for AES."

Edelnor on Friday announced first half losses of 22.28 billion pesos ($$33 million U.S.), but Ismail said he believed that with reduced debt the company could be turned around.

"The only way for the company to survive is at a reduced level of debt. Our offer is based on the level of debt the company can support," he told a news conference in Santiago.

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