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SPP and Member Utilities Successfully Achieve Western Expansion Milestone

LCG, April 2, 2026--Southwest Power Pool (SPP) today announced that the expansion of its service territory into the Western Interconnection has been a success. The milestone makes SPP the first regional transmission organization (RTO) with services spanning the Eastern and Western Interconnections. Its member organizations, which cover all or part of 17 states, can now benefit from a more operationally and geographically diverse integrated system.

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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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Industry News

Company Provides £1 Billion for UK Wind Power

LCG, Feb. 19, 2002--A company with backing from high-profile banks, insurers and law firms will provide £1 billion for wind power in the UK.

The funding would be provided by the company, Aeolus, to as many as 18 off-shore windpower installations. Among the backers are the Bank of Scotland, insurance group Marsh UK, the law firm Norton Rose, Norddeutsche Landesbank of Germany, NIB Capital Bank of the Netherlands, and consultant engineer PB Power.

A partner at Norton Rose, Andrew Newbery, said, "project finance can take years to arrange. But with Aeolus the banks have done all the risk assessments so the money can be arranged very quickly."

Projects are already foreseen by developers such as Shell, London Electricity, Powergen and Amec, and would be situated largely off England's southwestern and northeastern coasts, at an estimated cost of £1.6 billion.

The government wants windpower to account for 3 percent of generation by early 2003. The full capacity of 18 planned windfarms would be 1,600 megawatts.
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