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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

National Grid to Manage Alliance RTO

LXCG, Aug. 29, 2001--British electric power transmission company National Grid Plc said yesterday that it has been selected as managing member of the Alliance regional transmission operator, an 11-state transmission system manager stretching from the Midwest to the Appalachians.

National Grid will make an initial investment of $75 million in Alliance Transco and continue with investments amounting to between 5 percent and 20 percent of the total invested by the RTO's 10 members.

During the seven-year contract, National Grid will be paid $14 million a year by Alliance. It will be able to increase those earnings through an incentive systems based on reliability and customer savings.

Alliance members have placed under the RTO's management transmission assets with a book value of $12 billion.

The deal must receive approval of the member companies as well as that of federal regulators, but the Federal Energy Regulatory Commission earlier this year gave Alliance its tentative okay.

In order to meet FERC's requirement that it be a "nonmarket" participant, National Grid said it would sell any remaining economic interests of affiliates in the power-generation and supply markets in the U.S.

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