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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

Application Filed at FERC to Build Bobcat Gas Storage Field

LCG, February 17, 2006--Bobcat Gas Storage (Bobcat) announced yesterday that it has filed an application with the Federal Energy Regulatory Commission (FERC) for approval to build and operate a new, high deliverability storage project located in St. Landry Parish, Louisiana. The storage field is sited near Henry Hub and is planned to have connections to five interstate pipelines serving natural gas markets through the eastern United States.

The proposed storage facility would include two salt caverns with a total working gas capacity of 12 Bcf, injection capacity of 900 MMcf/day, and a maximum withdrawal rate of 1,200 MMcf/day. Approvals have been obtained from the state of Louisiana for three brine disposal wells, three cavern wells, two fresh water wells, and 37,880 horsepower electric compressor station, and well drilling is now underway. The initial phase of the project includes pipeline interconnections with Cypress and TETCO.

An open season for the project is planned for next month. The project schedule calls for FERC authorizations by July 15, 2006, with operations commencing in the winter of 2007.

Bobcat Gas Storage is being developed by Port Barre Investments, LLC and its financial sponsor Haddington Energy Partners III LP (HEP), a private equity fund.

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