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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

IPL Receives Favorable Decision from IUB for Wind Farm Development

LCG, February 8, 2008--The Iowa Utilities Board (IUB) yesterday issued a decision approving a return on equity of 11.7 percent for up to 200 MW of wind development in Iowa planned by Interstate Power and Light Company (IPL), a subsidiary of Alliant Energy Corporation.

IPL plans to commence building the Whispering Willow Wind Farm in Franklin County, Iowa next year, with construction scheduled for completion in 2010. The electric generating capacity of the project is 200 MW, and the estimated project cost is $400 million to $450 million. The project will be IPL's first, company-owned wind farm. IPL has the ability to develop an additional 300 MW of wind power at an adjacent site given an acquisition from Iowa Winds, LLC. earlier this month.

IPL filed an application in September 2007 with the IUB concerning the proposed wind farms in Iowa. IPL requested approval that the proposed ratemaking principles were reasonable prior to committing to the project.

The IUB's decision approved the terms of a settlement agreement between IPL and the Iowa Office of Consumer Advocate that includes a return on equity of 11.7 percent and a 25 year depreciation life for up to 200 MW of wind capacity developed in Iowa by IPL.

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