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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

'Analysts' Take Heat for Enron Buy Recommendations

LCG, Dec. 7, 2001--The U.S. Securities and Exchange Commission, which is already investigating the financial reporting of Enron Corp., now wants to take a look at securities analysts who kept recommending Enron's stock as a "buy" even as the company nosedived into bankruptcy.

Laura Unger, an SEC commissioner, said yesterday in an interview on CNBC television "What concerns me more is hearing that analysts still continued the strong buy recommendation as recently as in the last couple of weeks when it was at 90 cents."

Unger also took aim at Enron's auditors, the accounting firm of Arthur Andersen. "The accounting firm that had been the auditor for Enron for 10 years didn't seem to understand and of course that's an open issue," she said.

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