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Entergy Estimates Customer Savings of $5B from "Fair Share Plus" Data Center Agreements

LCG, March 6, 2026--Entergy yesterday announced approximately $5 billion in total savings for 2.3 million customers in Arkansas, Louisiana and Mississippi resulting from data center customer agreements in those states. Entergy, which completed its first data center customer agreement in 2024, projects the customer savings over the next 20 years and after the regulatory approval or acknowledgement of the public service commissions in those states.

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NRC Approves the Natrium® Reactor Construction Permit for TerraPower's Wyoming Nuclear Project

LCG, March 5, 2026--The Nuclear Regulatory Commission (NRC) announced yesterday that it has authorized the staff to issue TerraPower’s subsidiary, US SFR Owner, a construction permit for the company’s Kemmerer Power Station Unit 1 commercial nuclear power plant in Kemmerer, Wyoming.

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Industry News

Mirant Buys Two Southeast U.S. Plants from El Paso

LCG, Aug. 9, 2001--Mirant Corp. said yesterday it has agreed with El Paso Corp. on the purchase of two power plants with a combined capacity of 1,120 megawatts in the U.S. Southeast for $330 million.

Mirant will acquire El Paso's 640 megawatt natural gas-fired power plant in Thomaston, Ga., and its480 megawatt gas-fired plant in New Port Richey, Fla., north of Tampa, the companies said in a jointstatement.

The Thomaston plant has been in commercial operation since June of last year, while the New Port Richey plant is schedule to begin production next March. Mirant will provide power from the plants under several of purchase agreements already in place, the company said.

"We see this asset combination as a great opportunity to participate in two of the fastest growing markets in the country," said David Rozier, chief executive of Mirant's southern U.S. operations. "These acquisitions provide a clear complement to Mirant's fully integrated asset, marketing and risk management capabilities."

A Mirant spokesman said the transaction would involve the assumption of $150 million in debt, and added that the company expected to close the agreement in early October, after getting regulatory and certain third party approvals.

"This transaction enables El Paso to optimize the value of these assets while redeploying the capital to our growing and diverse power generation portfolio," said Clark C. Smith, president of El Paso Merchant Energy-North America. "We will continue to pursue greenfield power development and acquisition opportunities in strategic locations across North America."

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