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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

Regulators Okay Narragansett Electric Rate Cut

LCG, Sept. 24, 2001--The Rhode Island Public Utilities Commission has approved a rate decrease for Narragansett Electric Co.'s Standard Offer service, the utility said Friday. The decrease will become effective on October 1.

More than 99 percent of Narragansett's customers are on Standard Offer service.

On August 28, Narragansett asked the commission for the rate decrease to reflect more accurately the current cost of power it purchases on behalf of its customers. The lower prices are a direct result of the recent decline in the price of oil and natural gas.

The typical residential Standard Offer customer using 500 kilowatt-hours of electricity per month will see an 8.1 percent reduction in the overall bill, or $5.38 per month. Business customers who take Standard Offer service will see reductions of from 8.1 percent to more than 10 percent, depending on their usage and rate structure.

"Last year, Narragansett Electric had to increase prices as a result of the extraordinary increases in the price of fuel that is used by power suppliers to generate electricity," said Michael Ryan, an executive vice president. "Over the last year, the commission demonstrated foresight during that period to allow us to recover power supply costs as they were incurred. As a result, we are now able to pass along to our customers the benefits of the recent dramatic reductions in power supply costs."

The company serves about 460,000 customers in Rhode Island, and is a subsidiary of National Grid Plc of Great Britain.

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