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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

Duke Closing Merchant Business Unit

LCG, Mar. 7, 2003--Duke Energy will sell off assets and discontinue new financing arrangements through its Duke Capital Partners unit, which provided capital financing and advisory services to merchant energy developers.

Duke Capital Partners operations have been conducted through offices in Charlotte, N.C., and Houston, and currently employ 30 people. Richard Osborne, Duke Energy's executive vice president and chief risk officer said, "Duke Capital Partners built a sound portfolio of quality assets in its three years of operations. However, the energy industry has changed tremendously in that time."

The unit, which started assisting clients in North America with debt and equity financing in 2000, will sell approximately $350 million worth of assets over two years.
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