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Natura Resources Announces Agreement with NGL Energy Partners to Develop 100-MW SMRs with Large-Scale Produced Water Treatment in the Permian Basin

LCG, February 4, 2026--Natura Resources LLC (Natura), a developer of advanced molten-salt nuclear reactors, announced yesterday that it has signed an agreement with NGL Water Solutions Permian LLC, a subsidiary of NGL Energy Partners LP (NGL), to pursue opportunities to combine Natura's advanced nuclear reactor technology with thermal desalination for power production and oil and gas produced water treatment. NGL transports, treats, recycles and disposes of more than 3 million barrels per day of produced and flowback water generated from crude oil and natural gas production in the Permian Basin.

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OPG Completes Darlington Nuclear Station Refurbishment Project Under Budget and Ahead of Schedule

LCG, February 2, 2026--Ontario Power Generation (OPG) announced today that construction on the four-unit Darlington Refurbishment project is now complete. Station staff are completing final testing, and the last unit is expected to return to service in the coming weeks. OPG stated that the overall project is currently four months ahead of schedule and $150 million under budget.

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Industry News

CPUC Orders PG&E to Transmit State Electricity

LCG, May 17, 2002-Yesterday the California Public Utilities Commission directed PG&E to move state-bought electricity in order that plans be carried out for the sale of $11.1 billion in bonds.

PG&E will transmit the energy, bill its customers, and give the money to the state, as ordered by the Commission. The Department of Water Resources bought electricity for the bankrupt utility starting January 2001. The order is an attempt to reimburse the DWR, which also bought power for other California utilities when their credit ratings fell due to an inability to match high wholesale prices and retail price limitations.

The service agreement was apparently the only thing standing in the way of the sale of the bonds. The revenue from the bond sale will be used to repay a $4.3 billion loan used to buy electricity last year in addition to sending $6 billion to the state general fund. Bonds will reportedly be up for sale in 12 to 15 weeks.

PG&E, which filed for bankruptcy in April of last year, has 10 days to submit an appeal to the Commission and can appeal again to the California Supreme Court if Commission hearings are not favorable. PG&E reportedly disputes the order because it does not take into account changes the utility wanted.

Similar orders were placed for Southern California Edison and San Diego Gas & Electric, utilities serving Southern California.

PG&E serves 13 million customers in Northern California and is currently awaiting a court decision on what will be done to bring it out of bankruptcy. Both the Commission and PG&E have submitted plans to the court, and Judge Dennis Montali has ruled that PG&E creditors will vote on the two plans before any decision is reached.

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