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Holtec Receives New Nuclear Fuel at Palisades for Planned Restart

LCG, October 20, 2025--Holtec International announced today that the Palisades Nuclear Power Plant site in Michigan has received new nuclear fuel – 68 assemblies in total – that achieves a major milestone on the path to restarting the plant. The 800-MW facility was shutdown and decommissioned in 2022 due primarily for economic reasons; however, Holtec is progressing towards restarting the original unit by the end of this year, pending all necessary federal regulatory reviews and approvals. Achieving a successful restart of a shutdown nuclear unit will be a historic first for the nuclear industry.

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Calpine Closes Texas Energy Fund Loan for 460-MW Pin Oak Creek Peaking Facility

LCG, October 14, 2025--Calpine Corporation today announced the close of a Texas Energy Fund (TxEF) loan agreement to support development of the Pin Oak Creek project, a 460-MW, natural gas-fired peaking facility adjacent to Calpine's Freestone Energy Center, a gas-fired combined-cycle facility located on approximately 506 acres near Fairfield, Texas.

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Industry News

Accountant Sues Over Treatment after Whistleblowing

LCG, May 22, 2003-Duke Power Company accountant Barron Stone filed a lawsuit yesterday, alleging the company acted illegally in its treatment of him after he called regulators to complain about the company's ethics.

Stone filed the $2.5 million suit in U.S. District Court in Charlotte, North Carolina.

Two years ago, Stone notified South Carolina regulators and Duke's ethics hotline that he believed Duke Power was making less than legal changes to accounts in order to avoid cutting retail electricity rates.

Stone claims that the company retaliated for his actions by demoting him and harassing him.

Earlier this year the U.S. Department of Labor threw out his claims. In March, the Occupational Safety and Health Administration ruled that there was no indication of management retaliation.

Stone's actions regarding the possible ethics violations brought about a $25 million settlement between utility Duke Power and South Carolina regulators.

Stone is a senior forecast analyst. He is also seeking the reinstatement of his former job.

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