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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

Utilities, Industrials to Invest $2 Billion in Brazil Power

LCG, Dec. 3, 2001--Electricit de France and Tractebel of Belgium, as well as aluminum producers Alcoa and Billiton Metals, said on Friday during the auction of 11 hydroelectric plants, that they would invest about $2 billion in Brazil's power sector.

The companies would add 2,700 megawatts of installed capacity to Brazilian generation resources over the next six years, they said. New power plants would be built in 10 states between 2003 and 2007.

The plan would do little to alleviate the current power shortage in Brazil, but was seen as a vote of confidence in the Brazilian economy. Jose Maria Abdo, head of Brazil's regulatory agency Agencia Nacional de Energia Eletrica (Aneel), said "This is a reflection of investors' confidence in spite of the period of economic instability."

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