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Holtec Receives New Nuclear Fuel at Palisades for Planned Restart

LCG, October 20, 2025--Holtec International announced today that the Palisades Nuclear Power Plant site in Michigan has received new nuclear fuel – 68 assemblies in total – that achieves a major milestone on the path to restarting the plant. The 800-MW facility was shutdown and decommissioned in 2022 due primarily for economic reasons; however, Holtec is progressing towards restarting the original unit by the end of this year, pending all necessary federal regulatory reviews and approvals. Achieving a successful restart of a shutdown nuclear unit will be a historic first for the nuclear industry.

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Calpine Closes Texas Energy Fund Loan for 460-MW Pin Oak Creek Peaking Facility

LCG, October 14, 2025--Calpine Corporation today announced the close of a Texas Energy Fund (TxEF) loan agreement to support development of the Pin Oak Creek project, a 460-MW, natural gas-fired peaking facility adjacent to Calpine's Freestone Energy Center, a gas-fired combined-cycle facility located on approximately 506 acres near Fairfield, Texas.

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Industry News

Calpine Buys 750 Megawatt California Project

LCG, March 22, 2001Calpine Corp. said yesterday it has purchased the development rights for a 750 megawatt natural gas-fired merchant power plant near Bakersfield, Calif., from Enron North America for an undisclosed sum.

Calpine said the $500 million Pastoria Energy Center was licensed by the California Energy Commission last December and construction is scheduled to begin this summer. Commercial operation is expected to begin in time for the summer of 2003.

The facility will be built on property leased from the Tejon Ranch Corp. about 30 miles south of Bakersfield. Calpine said construction will require more than 800 workers during peak building periods and the plant will provide up to 25 permanent jobs once complete.

Calpine will manage all aspects of the project including engineering and design, construction, fuel supply, operations and power marketing.

Calpine, which already has 1,300 megawatts of installed capacity in gas-fired and geothermal plants in California, said it has another 2,100 megawatts under construction in an around the state and 3,800 megawatts more under development.

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