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Holtec Achieves Milestone towards Restarting Palisades Nuclear Facility and Advances Plans to Build Two SMRs at Palisades Site

LCG, March 31, 2026--Holtec International yesterday announced that it successfully completed a milestone test necessary to return Holtec's Palisades Nuclear Generating Station to service. The 805-MW pressurized water reactor (PWR) is located in Michigan and was shut down by Entergy in May 2022. Holtec acquired the facility in June 2022 and has pursued a path to return the plant to service.

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Arbor Signs Agreement with GridMarket for 5 GW of Baseload Power

LCG, March 25, 2026--Arbor Energy today announced an agreement with GridMarket, an energy and infrastructure project facilitator, to deliver up to 5 GW of zero-emission power starting in 2029. GridMarket supports large energy users, including data centers, manufacturers, and logistics providers, with securing reliable and cost-effective power.

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Industry News

Arizona Approves 1,000 Megawatt Power Plant

LCG, Dec. 12, 2001--Arizona regulators today approved a 1,000 megawatt generating station proposed by Southwestern Power Group II, a Phoenix-based power plant developer that wants to build the new facility near the town of Bowie in the southeastern corner of the state.

With the green light, the developers expect to put the new plant into commercial operation in late 2004. Power will be sold into the Tucson and southeastern Arizona markets, according to Tom Wray, general manager of Southwestern Power.

"We are firmly committed to building a facility that is state-of-the-art in every respect and to being a good corporate citizen," Wray said.

An average of 250 jobs will be created during the plant's 22-month construction period. When operational, the plant will have 35 to 40 full- time employees and an annual payroll of approximately $2.6 million. The company also expects to make as much as $5 million in local purchases each year the facility is in operation, Wray said.

Pat Call, a Cochise County supervisor, said community leaders share in Wray's enthusiasm. "This will be a tremendous asset for the Willcox and Bowie communities and a very welcome addition to the county's business community," he said. "This is the kind of industrial partner that state and county officials need to help us become even more attractive to potential new industry."

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