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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

Cinergy Buys Two Enron Merchant Plants

LCG, March 26, 2001Cinergy Corp. said on Friday its Cinergy Capital & Trading Inc. subsidiary has completed the purchase of two merchant power plants in the Southeastern U.S. from Enron North America for an undisclosed sum.

The two plants acquired by Cinergy are a 494 megawatt natural gas-fueled facility in Brownsville, Tenn., 45 miles northeast of Memphis, and a 504 megawatt power plant, also gas-fired, in Caledonia, Miss., on the Alabama border about 15 miles from Columbus.

Cinergy said in a news release that the two companies had signed a definitive agreement on the plant sale last December and that regulatory approvals have now been received.

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