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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

Mirant to Buy TransCanada's Gas Marketing Unit

LCG, Oct. 12, 2001--Atlanta-based power producer Mirant Corp. said yesterday that it has agreed to buy the gas marketing business of TransCanada Pipelines Ltd. for an undisclosed sum. The deal will propel Mirant into the number two slot among north American gas marketers.

Mirant has agreed to acquire TransCanada's trading and marketing business and related natural gas storage and transportation contracts, along with its so-called "netback pool," which markets supply from 550 Canadian producers.

The sale takes TransCanada out of the marketing and trading end of the energy business. The company has sold $3.3 billion in Canadian money ($2.1 billion U.S.) worth of assets over the past two years in order to focus on its pipeline and electric generation businesses in North America.

Mirant said the deal would make it Canada's largest gas marketer in addition to giving it the number two spot in North America.

The companies expect to close the transaction by the end of this year, pending regulatory, producer and customer approvals.

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