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Department of Energy Announces $4.2 Billion Investment to Boost Nuclear Power in Pennsylvania and Ohio

LCG, October 5, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) today announced a conditional loan commitment of up to $4.2 billion to finance nuclear uprates and modernization across Vistra’s nuclear fleet in Pennsylvania and Ohio. The projects are expected to preserve nearly 4 GW of carbon-free, baseload power and add 433 MW of new nuclear capacity that will support the growing electricity demand across the PJM region.

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We Energies and Oracle Announce New Agreement for Point Beach Nuclear Plant to Power Project Lighthouse

LCG, October 2, 2026--We Energies, a subsidiary of Milwaukee-based WEC Energy Group, and Oracle today announced an agreement that would allow Oracle to "subscribe" to between 10 percent and 20 percent of the Point Beach Nuclear Plant’s electricity generation. Oracle will provide the carbon-free energy to Project Lighthouse, the data center campus in Port Washington that Oracle is co-developing with artificial intelligence firm OpenAI.

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Industry News

Edison Acquires Wildorado Wind Ranch

LCG, February 22, 2006--Edison Mission Group (EMG), a subsidiary of Edison International, announced yesterday that it has completed an agreement to purchase the 161-MW Wildorado Wind Ranch from Cielo Wind Power, LP, which will retain a minority interest. The electricity generated from the wind farm will be purchased by Southwestern Public Service, a subsidiary of Xcel Energy, under a long-term contract.

The project is located in Potter, Oldham and Randall counties in West Texas. The initial phase of the project includes 70 wind turbines and is scheduled to begin construction this spring, with commercial operations to commence in early 2007. The Wildorado Wind Ranch will be both the largest wind farm in the Southwest Power Pool (SPP) and the largest in EMG's growing portfolio of wind farms in the United States.

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