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TVA and ENTRA1 Energy Announce Collaborative Agreement in Landmark 6-Gigawatt NuScale SMR Deployment Program - Largest in U.S. History

LCG, September 3, 2025--The Tennessee Valley Authority (TVA) and ENTRA1 Energy (ENTRA1) yesterday announced a new agreement to advance nuclear power development within TVA’s service region. Under the agreement, ENTRA1 Energy will collaborate with TVA to deploy six ENTRA1 Energy Plants™, each powered by multiple NuScale Power Modules™, to provide up to 6 GW of firm, 24/7 baseload power.

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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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Industry News

Ex-Enron Executive Says Documents Shredded During Investigations

LCG, Jan. 22, 2002--Enron's former director of foreign exchange and sovereign risk management told ABC News, and it was reported yesterday, that staff in Enron's accounting department were shredding documents as late as last week.

The executive, Maureen Castaneda, said "I can't tell you what they were searching for, but they were definitely interested in picking out certain documents." ABC News is investigating the allegation, which marks the first suggestion that documents within Enron are being shredded as numerous investigations within Congress and class-action lawsuits are being filed. Enron has said that it issued numerous directives to employees beginning in October to preserve all documents.

Castaneda told ABC News in an interview Monday that she had observed accounting department staff, whose offices were across the hall from hers, collecting boxes of documents after Thanksgiving, which they looked through. Shredded paper began to appear in trash bins, Castaneda said.

Rep. James Greenwood, R-Pa., chairs the House subcommittee that will hold a hearing this week relating to accounting firm Arthur Andersen's shredding of documents. He said, "if anyone in Enron, or for that matter Arthur Andersen, is shredding documents that have anything to do with this entire matter, they are going to be in a whole lot of trouble."

Destruction of documents requested by the SEC or other branches of the government is considered by experts to constitute a crime.
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