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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

TXU Gets Okay to Buy Britain's Norweb

LCG, Oct. TXU Corp. of the United States was given clearance this morning by British regulators to acquire a regional electric company in northern England in a deal that will make the Texas company the biggest electricity retailer in the United Kingdom.

An arrangement between TXU and the British firm United Utilities for the purchase of Norweb Energi, the regional power retailer, for about $450 million was announced in August. The deal will add about 2.2 million electricity and gas customers to the 3.4 million TXU has through its ownership of Eastern Energy.

Industry savants in Britain have long said that a customer base of 5 million was necessary for a company to be a major long-term player in the UK retail energy market, and TXU is first over the bar with 5.6 million. The company will also become the number two natural gas retailer behind British Gas.

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