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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

NextDecade Announces Option-to-Lease Agreement with Port of Brownsville for Rio Grande LNG Project

LCG, March 6, 2015-NextDecade, LLC yesterday announced it has signed an option-to-lease agreement with the Port of Brownsville that will expand the company's site to 1,000 acres for its proposed Rio Grande Liquefied Natural Gas ("RGLNG") export terminal, doubling its initial agreement.

The founder and CEO of NextDecade stated, "NextDecade has taken a major step forward by securing such a prime site for our Rio Grande LNG project. We have worked diligently to complete our Basis of Design to ensure a competitive, well thought out and executable project and are committed to working with the Federal Energy Regulatory Commission (FERC), our industry-leading partners and the local community to bring this project to fruition."

The RGLNG site is located approximately seven miles from the Gulf of Mexico on the northern shore of the Brownsville Ship Channel, which provides access to major global LNG markets. The additional acreage will provide increased design flexibility and expansion capability.

The RGLNG project includes the 130-mile Rio Bravo Pipeline project to connect the LNG terminal with the Agua Dulce natural gas market hub.

NextDecade is currently engaged in a detailed assessment of the site to ensure that all safety and environmental requirements are met as it prepares for initial FERC pre-filing process submissions later this month.
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