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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

A Shocker: Enron's Jeff Skilling Resigns

LCG, Aug. 15, 2001--Jeffrey K. Skilling, chief executive for just six months of Enron Corp., unexpectedly resigned yesterday for unspecified personal reasons, leaving Chairman Kenneth Lay to reassume the office he had turned over to Skilling last February.

Under Skilling, Enron has become the energy industry's middleman, providing markets for trading natural gas and electricity. The company has also pioneered in trading of fiber-optic bandwidth and trades in metals and paper. But Enron's market capitalization has been unable to resist broader market forces and has tumbled 50 percent in the past year.

Skilling said yesterday "The company is in great shape and I feel bad that anything I do is construed as something about the company," and Lay chimed in "I can honestly say I never felt better about the company."

More formally, Lay said "We regret Jeff's decision to resign, as he has been a big part of our success for over eleven years. But, we have the strongest and deepest talent we have ever had in the organization, our business is extremely strong, and our growth prospects have never been better."

The decline in Enron's stock has taken place despite growing earnings. The company is large enough to shrug off a failed foray into trading broadband access to the Internet but that venture made news, as did the fact that the company is under investigation by California legislators over alleged price manipulation in that state's power market.

Skilling said yesterday that what he termed a "meltdown" in the broadband business came as a surprise, but he believes the underlying demand is there. He also said the California investigations are unlikely to lead to significant penalties.

It was Skilling, who joined Enron in the 1980s from the consulting firm McKinsey & Co., who put Enron in the trading business. He was working for a McKinsey client, gas pipeline operator InterNorth of Omaha, Neb., helping the company hedge against high contract costs. When InterNorth merged with Houston Natural Gas Co. to form what later became Enron, Skilling came with it, and brought with him his ideas about energy trading.

Skilling said he will continue to serve Enron as a part-time consultant.

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