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Matrix Renewables Announces the Commissioning of Pleasant Valley Solar 1

LCG, April 15, 2025--Matrix Renewables announced today the successful commissioning of the Pleasant Valley Solar 1 power generation facility in Ada County, Idaho. The 200-MWac solar facility includes a Power Purchase Agreement (PPA) that was secured through negotiation with Meta and Idaho Power. Matrix Renewables states the facility is the largest operational solar facility in Idaho Power's system. Sundt Renewables, the Engineering, Procurement, and Construction (EPC) services provider, completed construction of the project on March 2nd.

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Duke Energy Seeks to Extend Operating License for Robinson Nuclear Plant

LCG, April 9, 2025--Duke Energy announced yesterday its submission of a subsequent license renewal (SLR) application to the U.S. Nuclear Regulatory Commission (NRC) for the Robinson Nuclear Plant, a 759-MW nuclear unit located near Hartsville, South Carolina. The application requests extending the plant's operations for an additional 20 years.

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Industry News

Reliant Resources to Sell Off European Assets at Loss

LCG, February 20, 2003Reliant Resources Inc. will sell energy-related European assets to Nuon at a loss of $900 million.

The Netherlands Nuon will purchase the assets for roughly $1.3 billion, in part comprised of $1.2 billion in cash receipts. $0.5 billion of the reportedly $0.9 billion loss is associated with goodwill impairment.

Reliant will pay its $600 million in euro debt that matures this March, but Nuon will take on debt that matures this July.

Reliant has 3,500 megawatts in electric capacity in the Netherlands as well as in commercial energy holdings.

The agreement will still require Dutch and German antitrust approval and is expected to be completed in half a year.

Reliant is based in Houston, Texas.

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