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OPG Completes Darlington Nuclear Station Refurbishment Project Under Budget and Ahead of Schedule

LCG, February 2, 2026--Ontario Power Generation (OPG) announced today that construction on the four-unit Darlington Refurbishment project is now complete. Station staff are completing final testing, and the last unit is expected to return to service in the coming weeks. OPG stated that the overall project is currently four months ahead of schedule and $150 million under budget.

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NERC's New Annual Assessment Shows Rapid Demand Growth Increasing Resource Adequacy Risks Across North America

LCG, January 30, 2026--The North American Electric Reliability Corporation (NERC) yesterday issued its 2025 Long-Term Reliability Assessment (LTRA) and infographic that spotlight intensifying resource adequacy risks throughout the North American bulk power system (BPS) over the next 10 years.

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Industry News

AES to Buy Control of Ukraine Electricity Distributor

LCG, April 18, 2001AES Corp. said yesterday it had won a bid to purchase a 75 percent interest in Kievoblenergo, the electric distribution business serving the Ukrainian capital of Kiev, for about $45.9 million.

AES said completion of the deal is subject to an official review of the bid by the Ukraine State Property Fund and the execution of a sale and purchase agreement.

Last year, Kievoblenergo distributed 3.84 million megawatt-hours of electricity to around 763,000 customers. The remaining 25 percent ownership of the business is either publicly traded or owned by employees of the company.

Garry Levesley, an AES vice president, said "The acquisition of Kievoblenergo represents ourfirst successful step into the Ukraine energy market. Our experience in operating 13 generating anddistribution businesses in Kazakhstan and The Republic of Georgia has prepared us well for entry intothis promising market."

Kievoblenergo is one of six distribution companies that are being privatized this month by thegovernment of Ukraine and is the largest of the 20 distribution companies slated to be sold under its privatization program.

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