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Natura Resources Announces Agreement with NGL Energy Partners to Develop 100-MW SMRs with Large-Scale Produced Water Treatment in the Permian Basin

LCG, February 4, 2026--Natura Resources LLC (Natura), a developer of advanced molten-salt nuclear reactors, announced yesterday that it has signed an agreement with NGL Water Solutions Permian LLC, a subsidiary of NGL Energy Partners LP (NGL), to pursue opportunities to combine Natura's advanced nuclear reactor technology with thermal desalination for power production and oil and gas produced water treatment. NGL transports, treats, recycles and disposes of more than 3 million barrels per day of produced and flowback water generated from crude oil and natural gas production in the Permian Basin.

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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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Industry News

Morgan Stanley Plans 324 Megawatt Tacoma Plant

LCG, June 11, 2001--Morgan Stanley Capital Group plans to build a 324 megawatt gas-fueled power plant on 17.3 acres of land south of Tacoma, Wash., the Port of Tacoma said Friday. The Port Commission had accepted Morgan Stanley's $2.83 million bid for the land a day earlier.

No timetable for development of the plant was disclosed, but "We'd like to begin work as soon as possible," said Morgan Stanley's Jim North. "Construction time is in the range of about six months once we begin grading the site."

North added "Our goal here is to work with Tacoma Power and get interconnected with the grid as soon as possible."

The $100 million facility will be built in the port's Frederickson industrial area, which has a natural gas pipeline running through it. Building the plant will create about 100 construction jobs and the completed facility will have around 10 permanent employees.

"We're very happy to be able to provide a site for a project that will increase the amount of electrical energy available to our community," said Port of Tacoma Commission President Connie Bacon. "This will help keep our economy and business climate on track."

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