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Wärtsilä to Supply the Engineering and Equipment to East Kentucky Power Cooperative for 217-MW Power Plant

LCG, August 27, 2025--Wärtsilä Energy announced yesterday an agreement with East Kentucky Power Cooperative (EKPC) to supply the engineering and equipment for a 217-MW power plant to be constructed in Liberty, Kentucky. The Wärtsilä equipment is scheduled for delivery in mid-2027, and the plant is expected to be commissioned in early 2028.

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TerraPower, Utah's Office of Energy Development, and Flagship Companies Sign MOU to Identify Sites for Advanced Nuclear Reactors

LCG, August 25, 2025--The Utah Office of Energy Development (OED), TerraPower and Flagship Companies announced today the signing of a Memorandum of Understanding (MOU) to explore the potential siting of a Natrium® nuclear reactor and energy storage plant in Utah. The MOU establishes a shared commitment to support advanced nuclear technologies to build Utah’s energy future and to prioritize reliability, economic growth and energy abundance.

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Industry News

Peru Does Not Charge Belgian Energy Co. With Corruption

LCG, June 19, 2002--Belgian energy company Tractabel, which is a unit of French company Suez, says it is not being investigated for participating in corruption in Peru.

Earlier today the Dow Jones reported that Tractabel was charged with bribing former Peruvian president Alberto Fujimori; a Tractabel spokesman reportedly said it amounted to $10 million worth of monetary encouragement since 1996.

Later today, Tractebel said that, in fact, the company faced no such charges in Peru or anywhere else.

A spokesman from the company reportedly said that Tractebel had always denied this charge. The company also denies that a witness reportedly sought in the alleged investigation, Pierre Bocquet, ever worked for Tractebel in Latin America.

This very contentious charge, alleging corruption in Peru, comes directly after Tractabel bid successfully for Peruvian energy companies Egasa and Egesur.

The sale of state-owned assets led to a pitched political battle, and protests over the weekend promped the cancellation of flights when protestors walked onto runways. Riots in Arequipa induced the government to announce a state of emergency. Many Peruvians fear that money from sales will be spent foolishly.

The former president meanwhile faces charges of abandoning office and embezzlement; Alberto Fujimori has been living in Japan since 2000, when the Peruvian government collapsed.

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