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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

AEP Buys Enron Wind Project in Texas

LCG, Jan. 2, 2002--American Electric Power Co. Inc. said Monday that it has acquired the 160-megawatt Indian Mesa Wind Power Project from Enron Wind Corp. for $175 million. The Enron unit will provide operations and maintenance services at the site, located near Iraan, 45 miles east of Fort Stockton, Texas.

Under terms of the agreement, AEP will assume responsibility for fulfillment of previously announced power supply arrangements with City Public Service, the municipal electric utility for San Antonio, Texas. CPS will buy all the power generated from the wind turbines under long-term agreements.

"We are pleased to add the Indian Mesa Wind Project to our growing fleet of renewable power generation resources," said Dwayne L. Hart, senior vice president of business development for AEP Energy Services, an AEP subsidiary. "The addition of Indian Mesa furthers our goal of enhancing the renewable portion of our overall generation portfolio. We're also pleased with the opportunity to establish a relationship with CPS."

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