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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

CPV, GE and ArcLight Announce Financial Closing for Woodbridge Energy Center

LCG, September 23, 2013--Competitive Power Ventures (CPV), GE Energy Financial Services and ArcLight Capital Partners (ArcLight) announced Friday that they have closed financing for the $842 million CPV Woodbridge Energy Center in New Jersey. Project construction on the 700-MW, natural gas-fired, combined cycle facility is scheduled to commence this quarter, with commercial operation as early as the first quarter of 2016.

The project is owned by CPV, ArcLight and Toyota Tsusho and will be operated by an affiliate of ArcLight. GE is providing financing, technology and services, including a 16-year contractual services agreement (CSA). According to the announcement, the project capacity is expected to be sold through 15-year Standard Offer Capacity Agreements (SOCA) with New Jersey utilities, and energy through a hedge.

GE will deliver its FlexEfficiency* 60 combined-cycle technology and engineering services for the project. The package includes two, fast-start 216-MW 7F 5-series gas turbine generators, one D-11A steam turbine generator in a "2x1" configuration and two duct-fired, triple-pressure reheat heat recovery steam generators (HRSGs).

The CPV Woodbridge Energy Center will convert a former chemical plant site into a power generation facility.

CPV's president stated, "Land reclamation, environmental benefits, strong community acceptance, a powerful economic impact and labor support: This project is what smart energy development looks like in 2013."
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