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Holtec Signs Strategic Cooperation Agreement with Utah and Hi Tech Solutions to Deploy Nuclear SMRs

LCG, May 1, 2025--Holtec International (Holtec) announced the signing on April 29 of a strategic cooperation agreement with the State of Utah and Hi Tech Solutions, a leading nuclear services provider based in Kennewick, Washington, to collaborate in the deployment of Holtec's SMR-300s (small modular reactor) in Utah and the broader Mountain West region. Hi Tech will play a leading role in the project development and workforce training to support the rise of new nuclear power generation in the region.

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EPA and Texas Railroad Commission Sign Memorandum of Agreement for Permitting Geologic Storage of Carbon Dioxide

LCG, April 29, 2025--Officials from the U.S. Environmental Protection Agency (EPA) and Texas Railroad Commission (RRC) signed a memorandum of agreement (MOA) today outlining the state’s plans to administer programs related to carbon storage wells, known as Class VI wells. The MOA signing is a required step in the RRC’s application to be granted authority to permit Class VI wells in the state of Texas. EPA is currently preparing a proposed approval of RRC’s primacy application.

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Industry News

EdF to Boost Stake in Argentina's Edenor

LCG, Feb. 26, 2001Electricit de France subsidiary EDF International will purchase additional ownership interest in Argentine electric distribution company Edenor from Spanish utility Endesa and petroleum company Repsol-YPF, the European companies said separately this morning.

Edenor is one of two electric distribution companies serving Buenos Aires, Argentina's largest city. It and Edesur, which is also party owned by Endesa, serve about 14 million people. The Argentine government has ruled that Endesa must sell its stake in one or the other in order to ensure competition.

EDF International will buy all of the ownership interest in Edenor presently held by Endesa Internacional and Astra Capsa, Repsol's Argentine subsidiary. The deal will increase EdF's interest from 32 percent to 81 percent.

The agreement announced today will begin a 30-day negotiation process between the companies. The transaction will be subject to approval by directors of all three companies and by French and Argentine government regulators.

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