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Data Center Customer Adds 620 MW Order for INNIO's J624 Gas Engines

LCG, October 23, 2026--INNIO N.V. yesterday announced a 620 MW follow-on order from a developer and operator of mega-scale data center campuses in the United States. Together with the customer's 1.1 GW order announced previously in July, the new order brings cumulative orders from the customer to approximately 1.72 GW this year.

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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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Industry News

More Firms Bare Exposure to Enron Fallout

LCG, Dec. 3, 2001--Twenty more companies were added over the weekend to the list of 33 energy and financial firms admitting to exposure to millions of dollars in losses that could result from the collapse of Enron Corp.

Standard & Poor's said on Friday it has reviewed a number of credit derivative transactions in which Enron appears and found exposure to the company in three different types of these transactions. Divided among these deals, direct Enron credit exposure potentially could total $3.3 billion.

To the list of 33 potential losers reported in this space last Friday, these companies can be added:

  • ABM Amro - 110 million euros ($98 million U.S.).
  • Abbey National (UK) - 115 million ($164 million U.S.).
  • Aegon NV (Netherlands) - loans of $300 million.
  • Denbury Resources - about $26 million.
  • FPL Group - about $2 million.
  • John Hancock Financial Services Inc. - $320 million exposure to Enron's bonds, about one third of that debt secured.
  • International Power Plc - less than 2 million.
  • KCS Energy Inc. - around $3.8 million from hedges and oil and gas sold through Enron units.
  • MetLife Inc. - $63 million.
  • National Fuel Gas - $10.4 million.
  • Nicor Inc. - under $5 million.
  • Oneok Inc. - under $40 million before tax.
  • PG&E Corp.'s National Energy Group - uncollateralized exposure of about $8 million plus commodity hedge contracts with a market value of about $70 million based on forward prices.
  • Principal Financial Group - $171 million, plus another $50 million from investments in Enron-related entities.
  • Royal Bank of Scotland - 600 million ($856 million U.S.).
  • Sony Bank - $3 million.
  • Sumitomo Mitsui Banking Corp. - $210 million.
  • UtiliCorp United Inc. - two unsecured promissory notes totaling $31.5 million.
  • Westport Resources - less than $3.2 million in commodity sales contracts.
  • Wiser Oil - $6.1 million in 2001 and 2002 hedges.
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