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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

Endesa to Gain Foothold in French Power Production

LCG, Nov. 7, 2000--Endesa, Spain's largest electric utility, said this morning it plans to acquire a 30 percent interest in French power producer Socit Nationale d'Electricit et de Termique for 360 million euros ($417 million U.S.).

The purchase in conditional upon Endesa being able to acquire full control of Snet in two years and is subject to approval by the French government. Snet is 81 percent owned by government-run Charbonnages de France, a mining and industrial firm, and 19 percent by Electricit de France, the government electricity monopoly.

Snet has about 2.5 percent of the French power production market, of which Electricit de France has nearly all.

Endesa is reported to have outbid Suez Lyonnaise des Eaux and Germany's RWE for Snet, but financial information was not disclosed. Last month, Endesa announced a 15.2 billion-euro ($17.6 billion) acquisition of Iberdrola, the second-largest Spanish electric utility.

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