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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

Aquila Rating Hovers Around Junk

LCG, Sep. 4, 2002--The revenue earned by Aquila from regulated operations may not be high enough to enable it to meet its obligations, make capital expenditures, and issue dividends, according to Moody's Investors Service.

While Moody's downgraded the energy company's debt to junk, Standard & Poor's issued a rating of "BBB-minus," a lower investment grade than the previous "BBB" rating. As a result of the negative outlook, Aquila has had to pay $192 million earlier than it might have otherwise. It has tried to raise capital by selling $1 billion of assets, and had earlier cut its dividend by 42%.

The company president and chief executive, Robert K. Green, said, "We've been preparing to conduct business operations under this possible scenario and will continue to deliver safe, reliable and economical energy to our customers." Aquila, formerly Utilicorp United, is based in Kansas City, Mo.
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