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RWE Commissions the 200-MW Stoneridge Solar Project in Texas

LCG, November 26, 2025--RWE announced today the commissioning of the Stoneridge Solar project, located in Milam County, Texas. The project capacity is 200 MW of solar power, plus a battery energy storage system (BESS) that provides 100 MW (200 MWh) of battery storage capacity. The BESS improves the supply of short-term, reliable, affordable electricity in ERCOT.

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Oklo and Siemens Energy Sign Agreement to Accelerate Power Conversion System for New SMR in Idaho

LCG, November 19, 2025--Oklo Inc. and Siemens Energy announced today that the parties have signed a binding contract for the design and delivery of the power conversion system for Oklo’s Aurora-INL (Idaho National Laboratory) nuclear small modular reactor (SMR). The agreement authorizes Siemens Energy to begin engineering and design work to expedite procurement of long-lead components and to initiate the manufacturing process for the power conversion system. Oklo’s expertise in advanced fission technology will be combined with Siemens Energy’s extensive industry experience with steam turbine and generator systems, with the ultimate goal of generating carbon-free, reliable electricity.

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Industry News

Pepco-Conectiv Merger Clears Two Federal Hurdles

LCG, Aug. 8, 2001--The proposed merger between Potomac Electric Power Co. and Conectiv Inc. has been approved by the Federal Trade Commission and the Justice Department, Pepco said yesterday.

The companies expect the transaction to close in the first quarter of next year, though approvals are still required from the Securities and Exchange Commission and several state agencies.

The combination, which would put Pepco and Conectiv's Atlantic Energy Co. and Delmarva Power & Light Co. under the same ownership, would create the largest electric company in the mid-Atlantic region, with almost two million customers in the District of Columbia, Virginia, Maryland, Delaware and New Jersey.

Under the deal, Pepco would pay $2.2 billion in cash and stock for Conectiv and assume $3.2 billion of Conectiv's debt.

Shareholders of both companies approved the merger in July, and yesterday expressed their pleasure with the federal approvals by sending the stock of the two utilities higher. Pepco's stock was up 38 cents to close at $21.86 a share, while shares of Conectiv were up 56 cents to close at $23.22.

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