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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

El Paso Replaces CEO

LCG, March 13, 2003El Paso Corporation announced that CEO William A. Wise is officially stepping down as CEO and that a new CEO has been chosen to take interim office.

Ronald Keuhn, Jr. will take Wises place while a permanent CEO is sought.Keuhn, who is 66, has served as a business consultant for two years and was non-executive chairman for the corporation for 14 months in 1999 and 2000.

The corporations decision to replace Wise comes at a time when shareholders have been seeking to replace El Pasos board members.

One of the companys largest shareholders, Selim K. Zilkha, has been at the head of the effort of change the board and owns some 8.9 million shares. The shares have dropped in value over the last two years by nearly $600 million.

Wise will continue to receive his salary plus half of his yearly bonus, in addition to pension benefits, for three years.

El Paso is the countrys largest natural gas pipeline company.

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