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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

Newsmakers

Corbin McNeill, Jr. will retire as chairman and co-chief executive of Exelon Corp. on April 23. He will be succeeded by John Rowe, who has served as Exelon's co-CEO and president. Rowe will become the sole chief executive and chairman. McNeill supervised the merger of PECO Energy Company and Unicom Corporation, and had been scheduled to step down as chairman this spring.

Steve Wright has been made administrator of the Bonneville Power Administration today. Wright, who has been with the BPA for 21 years, returned to the Portland headquarters from the Washington office as a corporate senior vice president in 1998, becoming deputy administrator in 2000.

Marcus Jackson, president and chief executive of Semco Energy has been named chairman of the company following the retirement of William Johnson on Thursday.

Dan W. Reicher, former U.S. Assistant Secretary of Energy for energy efficiency and renewable energy has been named executive vice president of Northern Power Systems, which specializes in renewable energy and distributed generation. As Assistant Secretary of Energy from 1997 to 2001, Reicher was in charge of $1.2 billion worth of renewable and efficiency projects annually.

Ade Musell will be succeeded by Ron Larson as president and CEO when Mussell retires this spring from Split Rock Energy, LLC. Larson is currently chief financial officer for Great River Energy, a generation and transmission cooperative headquartered in Elk River. Split Rock Energy LLC was formed by Minnesota Power and Great River Energy to mitigate the companies' risk in the wholesale energy market.

Brad Johnson has been appointed treasurer for WPS Resources and Wisconsin Public Service Corporation, its primary utility subsidiary. Johnson also handled tax and corporate planning issues within the company. Dennis Maki, has been promoted to General Manager - Regional Generation and Engineering Services for Wisconsin Public Service Corporation. Maki was formerly Weston Power Plant Manager.

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