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Hydrostor Announces Offtake Agreement with California Community Power for the Willow Rock Energy Storage Center

LCG, February 12, 2026--Hydrostor today announced that the Willow Rock Energy Storage Center has signed a 50 MW offtake agreement with California Community Power (CC Power) on behalf of six of its community choice aggregator members: CleanPowerSF, Peninsula Clean Energy, Redwood Coast Energy Authority, San Jose Clean Energy, Silicon Valley Clean Energy Authority and Valley Clean Energy Authority.

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VoltaGrid and INNIO Collaborate on 1.5 GW Deal for Behind-the-Meter Data Center Power Generation

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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Industry News

Shareholders Approve CP&L Acquisition of Florida Progress

LCG, Aug. 17,2000--Shareholders of CP&L Energy Inc. yesterday approved the pending acquisition of Florida Progress Corp., with 98 percent of those casting ballots favoring the merger. FPC shareholders followed suit this morning with a 96 percent vote in favor.

The combination will create one of the 10 largest generators of electricity in the U.S., with total capacity of more than 19,000 megawatts. The new company will also be one of the top utilities in the U.S. Southeast, with more than 2.8 million customers.

CP&L Energy is parent holding company for Carolina Power & Light Co. which serves about 1.2 million electricity customers in the Carolinas, and FPC is that of Florida Power Corp., which has some 1.4 million customers in its state.

" Once this acquisition closes, we will have size, capacity, assets and a customer base to put CP&L in a position to effectively compete in any business environment," said William Cavanaugh, chairman, president and chief executive.

" We intend to strengthen those customer relationships and utilize our generation assets to go after a larger share of the region's fast-growing wholesale energy market," he promised.

Cavanaugh will continue in his positions following completion of the transaction. The company will continue to be called CP&L Energy until a new name is thought up.

The acquisition still must be approved by the North Carolina Utilities Commission and the Securities and Exchange Commission.

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