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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

Shareholders File Suit Against El Paso Electric

LCG, January 21, 2003-A lawsuit was filed in U.S. District Court for the Western District of Texas against El Paso Electric regarding alleged violation of federal laws.

The lawsuit, on behalf of shareholders and filed by a shareholder owning 100 common shares, addresses allegations that El Paso Electric Company did not comply with federal securities laws.

El Paso Electric is not related to the El Paso Corporation, a large energy and natural gas pipeline company also undergoing legal scrutiny.

The Form 8-K was filed today with the Securities and Exchange Commission. The lawsuit comes as the Federal Energy Regulatory Commission is investigating improper behavior in the Western electricity market.

Little information is available regarding the suit, but El Paso Electric denies any wrongdoing.

El Paso Electric distributes and generates electricity in West Texas and New Mexico. The company serves over 300,000 customers.

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