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X-energy Commences First Irradiation Tests of Advanced TRISO-X Nuclear Fuel at Idaho National Laboratory

LCG, November 6, 2025--X-energy Reactor Company, LLC, (X-energy) and the U.S. Office of Nuclear Energy today announced the start of confirmatory irradiation testing at Idaho National Laboratory (INL) to qualify X-energy’s proprietary TRISO-X fuel pebbles for commercial use in the Xe-100 Small Modular Reactor (SMR). (TRISO stands for TRi-structural ISOtropic). This is the first time that TRISO-X fuel pebbles will undergo irradiation testing in a U.S. lab, which is a critical step in meeting requirements set forth by the U.S. Nuclear Regulatory Commission (NRC) for the commercial deployment of advanced reactors that will use the fuel.

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NextEra Energy and Google Collaborate on Accelerating Nuclear Power Deployment

LCG, October 28, 2025--NextEra Energy and Google yesterday announced two agreements that will help meet growing electricity demand from artificial intelligence (AI) with clean, reliable, 24/7 nuclear power and strengthen the nation's nuclear leadership. First, Google signed a new, 25-year agreement for power generated at the Duane Arnold Energy Center, Iowa's only nuclear power facility. The 601-MW boiling water reactor unit was shut down in 2020 and is expected to commence operations by the first quarter of 2029, pending regulatory approvals to restart the plant.

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Industry News

Exelon Announces Deal to Acquire Pepco Holdings

LCG, May 1, 2014-Exelon Corporation and Pepco Holdings Inc. yesterday announced that they have signed a definitive agreement to combine the two companies in an all-cash transaction. The acquisition will combine Exelon's electric and gas utilities - BGE, ComEd and PECO - together with Pepco Holdings' electric and gas utilities - Atlantic City Electric, Delmarva Power and Pepco - that will serve approximately 10 million customers, with an underlying rate base of approximately $26 billion. The new company will become the largest utility in the nation with respect to the number of customers served.

The acquisition agreement has been unanimously approved by both companies' boards of directors, and the companies plan for the agreement to close in the second or third quarter of 2015.

Exelon President and CEO stated, "Exelon and Pepco Holdings have a compelling strategic rationale for merging, given our geographic proximity and similar utility business models. Our cultures are an excellent match, with a shared focus on operational excellence, environmental stewardship, customer service and support for the communities we serve."

Pepco Holdings Chairman, President and CEO said, "This combination provides significant benefits for all of our stakeholders, including customers, employees and shareholders. Exelon is one of the most respected energy companies in the country, and it is committed to building on the progress our team has made over the last few years to improve system reliability and customer satisfaction. As part of this transaction, Exelon has committed to provide what our customers most want: investments in infrastructure improvements, continuation of our long tradition of philanthropy in our communities and direct customer benefits of $100 million. Our shareholders will benefit from an immediate cash premium, and employees should enjoy even more opportunities as part of a larger company."

Prior to completing the acquisition, a number of hurdles must be cleared. In addition to requiring approval of the stockholders of Pepco Holdings, there are a number of necessary regulatory approvals, including: the Federal Energy Regulatory Commission, the District of Columbia Public Service Commission, the Delaware Public Service Commission, the Maryland Public Service Commission and the New Jersey Board of Public Utilities.
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