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Wärtsilä to Supply the Engineering and Equipment to East Kentucky Power Cooperative for 217-MW Power Plant

LCG, August 27, 2025--Wärtsilä Energy announced yesterday an agreement with East Kentucky Power Cooperative (EKPC) to supply the engineering and equipment for a 217-MW power plant to be constructed in Liberty, Kentucky. The Wärtsilä equipment is scheduled for delivery in mid-2027, and the plant is expected to be commissioned in early 2028.

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TerraPower, Utah's Office of Energy Development, and Flagship Companies Sign MOU to Identify Sites for Advanced Nuclear Reactors

LCG, August 25, 2025--The Utah Office of Energy Development (OED), TerraPower and Flagship Companies announced today the signing of a Memorandum of Understanding (MOU) to explore the potential siting of a Natrium® nuclear reactor and energy storage plant in Utah. The MOU establishes a shared commitment to support advanced nuclear technologies to build Utah’s energy future and to prioritize reliability, economic growth and energy abundance.

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Industry News

Bulgaria Inks $1.4 Billion Contracts with Entergy, AES

LCG, June 13, 2001Bulgaria's reform government yesterday signed as expected $1.4 billion worth of electric power deals with two U.S. companies, AES Corp. and Entergy Corp. The signing is seen as bolstering the government's position in elections scheduled for this weekend.

Ivan Shilyashki, head of Bulgaria's energy agency, said "The large-scale investment of $1.4 billion is significant for Bulgaria's power industry." It is also significant for the incumbent government, as it is expected to create new jobs, improve the country's energy output and significantly reduce pollution.

Both projects are located in Bulgaria's Maritsa region, a lignite coal mining area. Lignite, also known as brown coal, is something between peat and bituminous coal, and presents a significant environmental challenge.

The project between Bulgaria's National Electricity Company and AES Corp. calls for a $900 million investment in a new 670 megawatt lignite-fueled power plant in the Maritsa East One area, replacing an old plant of smaller capacity.

Construction on the AES plant could begin late this year or in early 2002, according to Richard Mardon, who heads the company's operations in Central and Eastern Europe. The new facility is expected to provide 11 percent of Bulgaria's electricity.

The Entergy contract, also with the national Electricity Company, calls for a $470 million investment to upgrade and operate an existing 840 megawatt plant at Maritsa East Three. That project is expected to get underway later this year.

Geoffrey Roberts, chief executive of Entergy Wholesale Operations, said the project will improve reliability, add 20 years to the life of the plant and "preserve critical jobs in the region surrounding the plant and provide Bulgaria with a competitive source of electricity."

He called the project "one of the largest environment control efforts in all of Europe," and said it would cut emissions of sulphur gases and other pollutants by 90 percent at the plant.

Mardon said "We believe the two projects will attract significant amount of foreign investment into the country and also will provide significant environmental benefits."

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