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Natura Resources Announces Agreement with NGL Energy Partners to Develop 100-MW SMRs with Large-Scale Produced Water Treatment in the Permian Basin

LCG, February 4, 2026--Natura Resources LLC (Natura), a developer of advanced molten-salt nuclear reactors, announced yesterday that it has signed an agreement with NGL Water Solutions Permian LLC, a subsidiary of NGL Energy Partners LP (NGL), to pursue opportunities to combine Natura's advanced nuclear reactor technology with thermal desalination for power production and oil and gas produced water treatment. NGL transports, treats, recycles and disposes of more than 3 million barrels per day of produced and flowback water generated from crude oil and natural gas production in the Permian Basin.

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OPG Completes Darlington Nuclear Station Refurbishment Project Under Budget and Ahead of Schedule

LCG, February 2, 2026--Ontario Power Generation (OPG) announced today that construction on the four-unit Darlington Refurbishment project is now complete. Station staff are completing final testing, and the last unit is expected to return to service in the coming weeks. OPG stated that the overall project is currently four months ahead of schedule and $150 million under budget.

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Industry News

NRG Sees No Legal Justification for FERC Ruling

LCG, July 25, 2003--A ruling by the Federal Energy Regulatory Commission that required NRG Energy to continue honoring a contract with Connecticut Light & Power seems to give insufficient recognition to other outstanding claims of the company as it attempts to restructure in bankruptcy, the company's lawyers told the agency.

FERC this week said that an explanation should be given for how the generating units would continue to operate if the company's bankruptcy led to its assets being liquidated. NRG stated in a letter that "the continued operation of NRG's generating assets, including those located in the Northeast, is among the highest corporate priorities," and that it is in continued communication with the Connecticut attorney general and CL&P. The attorneys questioned the requirement that an assurance that the units would continue to run, regardless of liquidation, should be provided.

At the same time, citing the danger that liquidation would be forced upon it, NRG said it had "an obligation to itself and its creditors to exhaust every possibility to shed the (CL&P contract) in accordance with the Bankruptcy Code." According to the company, it is losing $500,000 per day because of the costly contract.
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