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Holtec Receives New Nuclear Fuel at Palisades for Planned Restart

LCG, October 20, 2025--Holtec International announced today that the Palisades Nuclear Power Plant site in Michigan has received new nuclear fuel – 68 assemblies in total – that achieves a major milestone on the path to restarting the plant. The 800-MW facility was shutdown and decommissioned in 2022 due primarily for economic reasons; however, Holtec is progressing towards restarting the original unit by the end of this year, pending all necessary federal regulatory reviews and approvals. Achieving a successful restart of a shutdown nuclear unit will be a historic first for the nuclear industry.

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Calpine Closes Texas Energy Fund Loan for 460-MW Pin Oak Creek Peaking Facility

LCG, October 14, 2025--Calpine Corporation today announced the close of a Texas Energy Fund (TxEF) loan agreement to support development of the Pin Oak Creek project, a 460-MW, natural gas-fired peaking facility adjacent to Calpine's Freestone Energy Center, a gas-fired combined-cycle facility located on approximately 506 acres near Fairfield, Texas.

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Industry News

Mirant Plans 1,200 Megawatts for North Carolina

LCG, Aug. 28, 2001--Mirant Corp. said yesterday it plans to develop a 1,200 megawattnatural gas-fired power plant in Gastonia, N.C., the first in the state for the Atlanta-based company.

Gastonia Mayor Jennie Stultz, said she learned about Mirant's plans Friday but was sworn to secrecy. "I was so happy that I had to leave town so I couldn't tell anybody," she said yesterday at a Mirant news conference announcing the plant. "We welcome you."

The project will be the largest merchant plant in North Carolina, which this year dropped a requirement that merchant plants need a contract to sell power to utilities before getting regulatory approval.

Mirant said construction of the facility is scheduled to begin early in 2002 with commercial operation scheduled for summer 2004.

"North Carolina's energy needs continue to grow, and this site was specifically chosen because of its location in the rapidly developing Gastonia-Charlotte region and the I-85 corridor," said David Rozier, chief executive of Mirant's southern U.S. operations.

"Mirant will use its marketing and risk management capabilities to manage the fuel going into the plant and the electricity coming out of it," he added.

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