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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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NERC's New Annual Assessment Shows Rapid Demand Growth Increasing Resource Adequacy Risks Across North America

LCG, January 30, 2026--The North American Electric Reliability Corporation (NERC) yesterday issued its 2025 Long-Term Reliability Assessment (LTRA) and infographic that spotlight intensifying resource adequacy risks throughout the North American bulk power system (BPS) over the next 10 years.

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Industry News

Conectiv Shareholders Okay Pepco Merger

LCG, July 18, 2001Shareholders of Conectiv Inc. yesterday approved the pending $5.4 billion merger of their company with Potomac Electric Power Co., a transaction the companies expect to close early next year.

While billed a merger of equals, under the proposal, Pepco would pay $2.2 billion in cash and stock for Conectiv and assume $3.2 billion of Conectiv's debt. Pepco Chairman John Derrick will remain as chairman of the yet to be named newly created company, while Conectiv Chairman Howard Cosgrove will retire with a $6.4 million severance package.

Yesterday, about 95 percent of the shareholders, who own about 68 percent of Conectiv's common stock, agreed on a price of $25 a share. Pepco's shareholders were scheduled to vote today on the deal, which also requires regulatory approval from several state and federal agencies.

The companies said the deal will not result in significant layoffs and all union contracts would be honored.

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