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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

Dominion Virginia Acquires Calpine Interest in Plant

LCG, August 4, 2003--Calpine has arranged to sell its 50 percent interest in the Gordonsville power plant to Dominion Virginia, which currently purchases power from the plant under a long-term contract.

The deal was considered necessary by Calpine to improve its liquidity. It will realize a cash payment of $31.5 million, part of which is a $5.5 million return of debt-service reserve from the project.

The deal will need to be granted regulatory approval before being finalized. According to Calpine's spokeswoman Katherine Potter, Dominion Virginia, a subsidiary of Dominion Resources Inc., plans to pay off $44 million of non-recourse debt connected with the project that it would assume as part of the sale.
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