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Hydrostor Announces Offtake Agreement with California Community Power for the Willow Rock Energy Storage Center

LCG, February 12, 2026--Hydrostor today announced that the Willow Rock Energy Storage Center has signed a 50 MW offtake agreement with California Community Power (CC Power) on behalf of six of its community choice aggregator members: CleanPowerSF, Peninsula Clean Energy, Redwood Coast Energy Authority, San Jose Clean Energy, Silicon Valley Clean Energy Authority and Valley Clean Energy Authority.

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VoltaGrid and INNIO Collaborate on 1.5 GW Deal for Behind-the-Meter Data Center Power Generation

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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Industry News

Spain's Hidrocantabrico may go to Portuguese Utility

LCG, Oct. 30, 2001--Government-owned Electricidade de Portugal is expected to gain control of Spanish utility Hidroelectrica del Cantabrico because of its alliance with Cajastur, a Spanish bank which is a major shareholder of Spain's fourth-largest electric company.

Jousting over Hidrocantabrico has been going on for at least three years, since Texas Utilities bought a 5 percent stake in the utility in 1998 "to share knowledge and ideas." One of those ideas turned out to be an acquisition of the rest of the Spanish company. That effort foundered in March of 2000.

Acquisition of Hidrocantabrico is complicated by the company's by-laws, which allow no shareholder more than 10 percent of board votes no matter how large a proportion of common stock is owned. Electricidade de Portugal and Cajastur between them hold a majority of Hidrocantabrico's voting rights, despite controlling just 35 per cent of its shares.

Electricidade de Portugal's rival, Energie Baden-Wurttemberg, a German utility which acquired 60 per cent of Hidrocantabrico last year in association with a Spanish partner, is limited to 10 percent of the board vote and now says it is prepared to accept the Portuguese utility's dominant position.

In exchange for accepting the inevitable, Energie Baden-Wurttemberg says it want to play an active part in Hidrocantabrico management.

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