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Holtec Signs Strategic Cooperation Agreement with Utah and Hi Tech Solutions to Deploy Nuclear SMRs

LCG, May 1, 2025--Holtec International (Holtec) announced the signing on April 29 of a strategic cooperation agreement with the State of Utah and Hi Tech Solutions, a leading nuclear services provider based in Kennewick, Washington, to collaborate in the deployment of Holtec's SMR-300s (small modular reactor) in Utah and the broader Mountain West region. Hi Tech will play a leading role in the project development and workforce training to support the rise of new nuclear power generation in the region.

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EPA and Texas Railroad Commission Sign Memorandum of Agreement for Permitting Geologic Storage of Carbon Dioxide

LCG, April 29, 2025--Officials from the U.S. Environmental Protection Agency (EPA) and Texas Railroad Commission (RRC) signed a memorandum of agreement (MOA) today outlining the state’s plans to administer programs related to carbon storage wells, known as Class VI wells. The MOA signing is a required step in the RRC’s application to be granted authority to permit Class VI wells in the state of Texas. EPA is currently preparing a proposed approval of RRC’s primacy application.

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Industry News

Brazil's Parana State Okays Copel Sale - Barely

LCG, Aug. 21, 2001--The legislative assembly of Parana, a state in southern Brazil, early this morning voted 27 to 26 in favor of proceeding with the privatization of integrated utility Cia Paranaense de Energia, Globo television reported.

The vote to sell the company, referred to by most as Copel, came despite massive protests. Several thousand anti-privatization demonstrators punched the air under red flags outside the assembly building, clashed with police and even invaded the assembly, where a home-made bomb exploded on Monday night in a toilet, injuring no one, Reuters news service said.

Between 76.5 percent and 90 percent of the voting stock in Copel will be sold in an auction on October 31, depending on how many of the company's minority shareholders participate in a government offer to buy their shares for inclusion in the auction.

Copel is seen as one of the most attractive Brazilian privatization candidates in the power sector, as a combination electric generation, transmission and distribution utility. Five foreign firms have indicated an interest in purchasing the utility, including Belgium's Tractebel, Hydro-Quebec of Canada, Electricit de France, Germany's RWE and the Spanish Endesa.

Terms of the sale, including a minimum price, are expected to be announced on Friday.

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