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Holtec Achieves Milestone towards Restarting Palisades Nuclear Facility and Advances Plans to Build Two SMRs at Palisades Site

LCG, March 31, 2026--Holtec International yesterday announced that it successfully completed a milestone test necessary to return Holtec's Palisades Nuclear Generating Station to service. The 805-MW pressurized water reactor (PWR) is located in Michigan and was shut down by Entergy in May 2022. Holtec acquired the facility in June 2022 and has pursued a path to return the plant to service.

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Arbor Signs Agreement with GridMarket for 5 GW of Baseload Power

LCG, March 25, 2026--Arbor Energy today announced an agreement with GridMarket, an energy and infrastructure project facilitator, to deliver up to 5 GW of zero-emission power starting in 2029. GridMarket supports large energy users, including data centers, manufacturers, and logistics providers, with securing reliable and cost-effective power.

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Industry News

Newsmakers

David A. Arledge, who joined the board of directors of El Paso Energy Corp. following the company's merger with The Coastal Corp. earlier this year, has announced his retirement, saying "Now is the time for me to move on." He had been chairman, president and chief executive of Coastal.

Ronald F. Green has been named president of FPL Energy, LLC, the independent power production subsidiary of FPL Group Inc.. He will assume the position in early December and will succeed Lew Hay, who is now president and chief executive of the parent company. Green joins FPL from Duke Energy Corp., where he most recently served as president and chief executive of Duke Engineering and Services Inc. and president and chief operating officer of Duke Solutions Inc.

John R. McArthur, senior adviser on policy and legal affairs to North Carolina Gov. Mike Easley, has been named vice president for public affairs by Progress Energy Inc., effective December 3.

James W. Nellen II has been named general counsel of W.E. Power, the Wisconsin Energy Corp. subsidiary created to design, permit, build and own the proposed in-state power plants the company has said it plans to build. Nellen most recently was a partner in the law firm of Michael Best & Friedrich, said to be one of the oldest and largest firms in the Midwest.

Leslie Sibert has been named vice president for transmission by Georgia Power Co., replacing Ronnie Bates, who was recently named senior vice president for marketing. Most recently, Sibert was one of four regional marketing managers.

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