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X-energy Commences First Irradiation Tests of Advanced TRISO-X Nuclear Fuel at Idaho National Laboratory

LCG, November 6, 2025--X-energy Reactor Company, LLC, (X-energy) and the U.S. Office of Nuclear Energy today announced the start of confirmatory irradiation testing at Idaho National Laboratory (INL) to qualify X-energy’s proprietary TRISO-X fuel pebbles for commercial use in the Xe-100 Small Modular Reactor (SMR). (TRISO stands for TRi-structural ISOtropic). This is the first time that TRISO-X fuel pebbles will undergo irradiation testing in a U.S. lab, which is a critical step in meeting requirements set forth by the U.S. Nuclear Regulatory Commission (NRC) for the commercial deployment of advanced reactors that will use the fuel.

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NextEra Energy and Google Collaborate on Accelerating Nuclear Power Deployment

LCG, October 28, 2025--NextEra Energy and Google yesterday announced two agreements that will help meet growing electricity demand from artificial intelligence (AI) with clean, reliable, 24/7 nuclear power and strengthen the nation's nuclear leadership. First, Google signed a new, 25-year agreement for power generated at the Duane Arnold Energy Center, Iowa's only nuclear power facility. The 601-MW boiling water reactor unit was shut down in 2020 and is expected to commence operations by the first quarter of 2029, pending regulatory approvals to restart the plant.

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Industry News

Justice Department Launches Criminal Probe of Enron

LCG, Jan. 10, 2002--Teams of Justice Department prosecutors are engaged in an investigation of Enron aimed at uncovering details of its finances, and ultimately to what extent it may have misled the financial community, investors and employees by way of off-balance sheet activities.

Four Congressional committees as well as the Securities and Exchange Commission and the Labor Department have thus far been looking into issues surrounding Enron's alleged use of outside partnerships to extend and obscure its own debt. Its revenues gave rise to a high valuation for its stock, meanwhile.

The Justice Department investigation is based in New York, San Francisco and Houston, where Enron is headquartered. In Washington, one of Enron's attorneys, Robert Bennett, was quoted by the Washington Post as saying, "I think this is a positive development. It appears they have centralized the investigation," referring to Justice Department headquarters.

Civil suits have been filed on behalf of investors and employees, who allege that Enron insiders were able to profit from the company's stock valuation by selling their holdings before the stock suffered a steep decline due to a profit restatement covering the previous four years. Employees with retirement accounts were not permitted to sell their own Enron shares.

Representatives of some plaintiffs have urged U.S. District Judge Lee Rosenthal of Houston to place a freeze on financial assets of 29 departed and current Enron insiders who may have made gains on trading profits. Rosenthal is thus far not prepared to do so, but remains open to the possibility. Ken Lay, Enron chairman and chief executive, is scheduled to testify before the Senate Commerce Committee on Feb. 4.

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