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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

New Hampshire Electric Rates Hinge on PSNH Bonds

LCG, March 22, 2001If Public Service Co. of New Hampshire is unable to market between $500 million and $550 million in securitized debt by the end of this month, its electric rates will automatically increased by 5 percent on April 1.

The bond issue is one of three securitized debt issues PSNH and other Northeast Utilities subsidiaries plan to issue over the next month and a half, raising a total of around $2.1 billion. As of Tuesday, PSNH said credit ratings on its issue would not be available in time for a sale this month.

Gary Long, president of PSNH, told the New Hampshire legislature that its bond issue would probably be delayed until mid-April. He pointed out that this would allow a 10 percent rate decrease on May 1, adding that if the 5 percent increase took effect on April 1 the total reduction on May 1 would be 15 percent.

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