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NRC Issues Construction Permit for Long Mott High-Temperature, Gas-Cooled Reactor in Texas

LCG, November 11, 2026--The Nuclear Regulatory Commission (NRC) announced on November 9 that it has approved the Construction Permit Application ("CPA") for the Long Mott Generating Station in Texas. Long Mott Energy, LLC (LME) must obtain a separate operating license from the NRC before loading fuel or operating the reactors.

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NTT DATA Announces 900 MW of Onsite Power Agreement with Bloom Energy Across Multiple Data Center Projects

LCG, November 5, 2026--NTT DATA, an AI, digital business and technology services company, today announced an agreement with Bloom Energy to deploy 900 MW of Bloom Energy's fuel cell technology to power multiple data center projects around the world. The agreement is Bloom Energy's largest international project to date.

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Industry News

Enron Reorganization Plan May Require More Time

LCG, Sep. 27, 2002--The interlocking activities and interests of various Enron subsidiaries are creating a need for an extension of the company's development of a reorganization plan, possibly until January of next year.

The company has requested a later filing date from the bankruptcy court overseeing claims of creditors who hope to recover some of what they loaned Enron. The date set is currently Oct. 1. In some cases, banks who dealt with Enron have been accused of masking the true financial condition of the company, and could thus be seen as partly responsible for the company's downfall. What any of them will recover remains open to question.

"Enron is the equivalent of having a handful of sand," Jack Williams, a Georgia State University law professor, told the Houston Chronicle. "It looks like a lot of stuff, but as you start to close your hand around it, most of it disappears. I think what they thought originally of as a potential plan is no longer even in the realm of possibility."

Creditors may be able to realize returns on claims sooner rather than later, if the company consolidates the ownership interests and assets of Enron subsidiaries under a single pool. If this is done to overcome the complicated structure of the company, those who leant funds to some of the stronger business units may receive less than they otherwise would. One of these units is Enron North America, which carried out a commodity trading function.

A hearing is set for Oct. 24 to determine whether an extension can be granted. If one is not granted by Judge Arthur Gonzalez, creditors' lawyers may compete with one another to offer alternative visions of how proceeds of asset sales or ownership stakes in a new company might be divided.
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