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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

MidAmerican Energy's Wind XII Project Approved

LCG, December 6, 2018--The Iowa Utilities Board (IUB) on Tuesday approved MidAmerican Energy Company's proposed Wind XII project. With the approval, the company is poised to install up to 591 MW of new wind turbines to add to electric generating capacity in Iowa. The project is scheduled to be completed in 2021, and the estimated construction cost of the project is $922 million.

The order by the IUB states that MidAmerican has satisfied conditions in Iowa Code for advance ratemaking principles associated with the project. In the settlement agreement, the ratemaking principles approved establish a cost cap. The agreement includes an allowed return on the common equity portion of Wind XII that will be included in Iowa electric rate base at 11 percent.

MidAmerican filed its Wind XII request for advance ratemaking principles with the Board on May 30, 2018.
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