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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

New Jersey Regulators Extend First Energy, GPU Talks

LCG, June 25, 2001Hearings before a New Jersey Board of Public Utilities administrative law judge, aimed at arriving at a settlement of regulatory concerns about plans by First Energy Corp. to acquire GPU Inc., have been extended until July 9, GPU said Friday.

GPU said the judge has asked partied to the talks to continue their discussions, noting that the extension will postpone a decision that the judge had scheduled for June 29.

If First Energy is allowed to acquire GPU, the $4.5 billion merger will create an electric utility serving 4.2 million customers in a service territory stretching from the western edge of Lake Erie to the Jersey shore.

Energy analysts were not surprised by the delay, saying that they expected the law judge wanted to hear more from First Energy on the merger. The Ohio utility has disappointed the Board staff and the New Jersey Ratepayer Advocate by its lack of candor, one said.

A big reason for the delay could be GPU's request of New Jersey regulators that it be allowed to employ deferred accounting to cover power purchase costs that it cannot recover under New Jersey's rate cap.

Last Week, Pennsylvania approved such accounting, leaving only New Jersey and the U.S. Securities and Exchange Commission as bodies from which approvals for the merger are needed.

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