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SPP and Member Utilities Successfully Achieve Western Expansion Milestone

LCG, April 2, 2026--Southwest Power Pool (SPP) today announced that the expansion of its service territory into the Western Interconnection has been a success. The milestone makes SPP the first regional transmission organization (RTO) with services spanning the Eastern and Western Interconnections. Its member organizations, which cover all or part of 17 states, can now benefit from a more operationally and geographically diverse integrated system.

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Holtec Achieves Milestone towards Restarting Palisades Nuclear Facility and Advances Plans to Build Two SMRs at Palisades Site

LCG, March 31, 2026--Holtec International yesterday announced that it successfully completed a milestone test necessary to return Holtec's Palisades Nuclear Generating Station to service. The 805-MW pressurized water reactor (PWR) is located in Michigan and was shut down by Entergy in May 2022. Holtec acquired the facility in June 2022 and has pursued a path to return the plant to service.

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Industry News

Entergy Beats Market Expectations

LCG, Feb. 5, 2003--Fourth-quarter net income for Entergy Corp. as announced last week was three times the amount reported for the same period last year, supported by results in energy trading and the company's nuclear portfolio.

Operating earnings from the company's core business were 34 cents a share, whereas analysts had expected 26 cents per share. Net income was $81.7 million, with revenue at $1.88 billion. The energy trading unit contributing to the results is a joint venture with Koch Industries, Entergy-Koch. The purchase of the nuclear plant Vermont Yankee in July of last year helped earnings in the nuclear unit to rise 17%.

The company's chief executive, J. Wayne Leonard, noted that 2002 "was a year of disappointing performance in our industry, and as these results became more common and more unexpected, the crisis affected everyone... Despite all of this, Entergy maintained its strong cash position, improved its creidt quality and liquidity, and exceeded its targeted operational-earnings growth."

Entergy has a portfolio of approximately 9,000 megawatts of generating capacity either operating, under construction or under development. Entergy-Koch LP, in addition to trading, has an extensive pipeline system managed under its Gulf South Pipeline subsidiary.
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