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Puget Sound Energy Starts Construction on 142-MW Appaloosa Solar Project in Washington

LCG, September 4, 2025--Puget Sound Energy (PSE) announced yesterday that phased construction has commenced on its 142-MW Appaloosa Solar Project, a utility-scale solar facility underway in southeastern Washington. The project is being built by Qcells EPC, who will serve as the module manufacturer and the engineering, procurement, and construction (EPC) solution provider. Construction is scheduled through 2026, and commercial operation is expected at the end of next year.

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TVA and ENTRA1 Energy Announce Collaborative Agreement in Landmark 6-Gigawatt NuScale SMR Deployment Program - Largest in U.S. History

LCG, September 3, 2025--The Tennessee Valley Authority (TVA) and ENTRA1 Energy (ENTRA1) yesterday announced a new agreement to advance nuclear power development within TVA’s service region. Under the agreement, ENTRA1 Energy will collaborate with TVA to deploy six ENTRA1 Energy Plants™, each powered by multiple NuScale Power Modules™, to provide up to 6 GW of firm, 24/7 baseload power.

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Industry News

FPL, Entergy Can't Iron Out Differences, Merger Dead

LCG, April 2, 2001Entergy Corp. and FPL Group Inc. said this morning that they are giving up on their planned $6.3 billion merger after failing to resolve differences that had arisen during transition talks between the two companies.

Both sides agreed not to seek termination fees unless either enters into a similar deal with another company in the next nine months.

Though characterized as a "merger of equals" when it was announced, that it was a takeover of Entergy by FPL was apparent from the way the new management would be structures. Entergy said its financial advisors concluded that there was insufficient premium for Entergy shareholders for that kind of deal.

Entergy also said FPL balked at creation of the decentralized corporate structure proposed in the merger agreement.

"FPL's approach is focused on owning and managing assets to create value through operations andefficiency improvement," Entergy said in a news release. "Entergy's approach emphasizes developingskills, relationships, and proprietary systems to create value around assets through superior marketknowledge and effective risk management."

FPL complained in its own statement that "a principal reason for FPL Group's decision centered on discrepancies in Entergy's financial forecasts." Entergy Chairman Robert Luft noted that Entergy has exceeded Wall Street profit estimates for 11 straight quarters.

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