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Holtec Achieves Milestone towards Restarting Palisades Nuclear Facility and Advances Plans to Build Two SMRs at Palisades Site

LCG, March 31, 2026--Holtec International yesterday announced that it successfully completed a milestone test necessary to return Holtec's Palisades Nuclear Generating Station to service. The 805-MW pressurized water reactor (PWR) is located in Michigan and was shut down by Entergy in May 2022. Holtec acquired the facility in June 2022 and has pursued a path to return the plant to service.

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Arbor Signs Agreement with GridMarket for 5 GW of Baseload Power

LCG, March 25, 2026--Arbor Energy today announced an agreement with GridMarket, an energy and infrastructure project facilitator, to deliver up to 5 GW of zero-emission power starting in 2029. GridMarket supports large energy users, including data centers, manufacturers, and logistics providers, with securing reliable and cost-effective power.

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Industry News

Nicor to Sell Midwest Contracts to Constellation

LCG, March 13, 2003Nicor Incorporated, which serves customers in several states, will sell energy-related contracts to Constellation Energy Group.

Constellation is likely to take over contracts to supply electricity in Michigan and Illinois, and contracts in Indiana and Michigan to supply natural gas.

The financial aspects of the pending deal have not been released, but the arrangement is likely to be set by April 1.

Nicor is under investigation by the U.S. Securities and Exchange Commission for allegedly unlawful financial reporting.

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