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Wärtsilä to Supply the Engineering and Equipment to East Kentucky Power Cooperative for 217-MW Power Plant

LCG, August 27, 2025--Wärtsilä Energy announced yesterday an agreement with East Kentucky Power Cooperative (EKPC) to supply the engineering and equipment for a 217-MW power plant to be constructed in Liberty, Kentucky. The Wärtsilä equipment is scheduled for delivery in mid-2027, and the plant is expected to be commissioned in early 2028.

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TerraPower, Utah's Office of Energy Development, and Flagship Companies Sign MOU to Identify Sites for Advanced Nuclear Reactors

LCG, August 25, 2025--The Utah Office of Energy Development (OED), TerraPower and Flagship Companies announced today the signing of a Memorandum of Understanding (MOU) to explore the potential siting of a Natrium® nuclear reactor and energy storage plant in Utah. The MOU establishes a shared commitment to support advanced nuclear technologies to build Utah’s energy future and to prioritize reliability, economic growth and energy abundance.

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Industry News

Trans-Alta Sells Transmission Business for $560 Million

LCG, July 6, 2001Trans-Alta Corp. has agreed to sell its power transmission business for $850 million ($560 million U.S.) to a consortium of companies led by SNC-Lavalin Inc. and the Ontario Teachers' Pension Plan Board, Canada's National Post reported yesterday.

The sale was the final step in Trans-Alta's shift to electric generation and marketing. "It was challenging," said chief executive Steve Snyder. "This is it, in terms of the core restructuring."

The company, headquartered in Calgary, Alberta, said it had sold about $2 billion ($1.3 billion U.S.) in assets during the past two years and would spend up to $1.5 billion ($1 billion U.S.) per year over five years expanding its generation capacity.

The purchasing group, known as Alta-Link also includes Trans-Elect Inc., a new U.S.-based independent power transmission company that is keen to add additional transmission capacity to the North American power grid, and Macquarie North America Ltd., an Australian-owned investment bank.

Trans-Elect will operate the lines and own 10 percent of the business. The teachers pension fund will assume all the involved debt and own 25 percent, SNC will own 50 percent of the business and Macquarie North America, about 15 percent.

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