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News
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LCG, May 6, 2026--Oklo Inc. ("Oklo"), an advanced nuclear technology company, announced today that the U.S. Nuclear Regulatory Commission (NRC) has approved the Principal Design Criteria (PDC) topical report for the Aurora-INL (Idaho National Laboratory) nuclear small modular reactor (SMR), which is currently under construction in Idaho. The PDC topical report establishes a regulatory framework that defines the fundamental safety, reliability, and performance requirements to guide future reactor licensing and design activities, and the approved report should simplify future applications and reduce the need to re-review established material.
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LCG, April 30, 2026--OG&E, the operating subsidiary of OGE Energy Corp., announced today that it will power three new data centers that Google announced in Muskogee and Stillwater, Oklahoma last year. As part of the agreement, Google will also make power generation capacity available from two solar facilities in Stephens and Muskogee Counties that are currently under construction. The data centers and associated Electric Service Agreements are expected to provide economic growth for local communities and the state, contribute to grid stability, and benefit OG&E's current customers.
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Industry News
Red Oak Power Facility in PJM to be Acquired by Strategic Value Partners
LCG, July 9, 2025--Strategic Value Partners, LLC (together with its affiliates, SVP) yesterday announced that its managed funds (the "SVP Funds") have agreed to acquire Red Oak Power, an 831-MW natural gas-fired combined-cycle power generation facility located in Sayreville, New Jersey.
Morgan Stanley Investment Management (MSIM), through investment funds managed by Morgan Stanley Infrastructure Partners (MSIP), its private infrastructure investment platform, entered into the agreement to sell its ownership stake in the Red Oak Power facility to SVP.
Red Oak Power commenced commercial operations in March 2002. The facility includes Siemens 501FD3 gas turbine technology. The combined-cycle plant is a significant power generator to customers in New Jersey and greater PJM Interconnection region.
SVP Funds made this investment in Red Oak as part of the strategic partnership SVP formed in 2024 with EverGen Power ("EverGen"), a power generation acquisition and asset management firm established to support SVP with power generation investments across North America.
"Red Oak is a critical asset, located in a high-power demand area that we expect to continue to see accelerated growth from AI-driven data center development and the broader electrification of the economy. Its proven and efficient technology makes it well-positioned to continue to provide low-cost, reliable power to the Northeast," said the Co-CEO of EverGen.
"We are excited to partner with SVP on this investment as we expand our presence in PJM. We look forward to the continued optimization of the operational and commercial performance of this important facility," added EverGen's other Co-CEO.
The Head of North American Corporate Investments at SVP stated, "With the benefit of EverGen's and SVP's industry expertise, we were able to move quickly and provide deal certainty on an expedited timeline. We have worked closely with the members of the EverGen leadership team for many years, including in the underwriting, restructuring and operation of GenOn, a 12 GW merchant fleet, in 2018, and the sourcing and acquisition of a managing stake in Birdsboro Power, another merchant CCGT in PJM, earlier this year."
MSIM acquired the facility in 2017 from Cogentrix, an affiliate of The Carlyle Group, and managed the facility through its power asset management platform. The Carlyle Group acquired the facility from Energy Capital Partners (ECP) in November 2013, and ECP acquired the facility from a subsidiary of The AES Corporation in April 2012.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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