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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

SEC Will Decide on Off-balance sheet Disclosure Next Week

LCG, October 24, 2002-The U.S. Securities and Exchange Commission intends to decide on a rule limiting companies' undisclosed transactions by next week.

The SEC will vote next week Wednesday on whether or not to require companies to disclose risk which otherwise would remain hidden to investors. Such off-balance sheet transactions may have been used by corporations like Enron to hide debt.

Off-balance-sheet disclosure would mandate that companies submit detail lists of short- and long-term financial obligations to the SEC at regular intervals.

A favorable vote will see the new disclosure rule implemented no earlier than 30 days after Wednesday in order to allow for public input.

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