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Data Center Customer Adds 620 MW Order for INNIO's J624 Gas Engines

LCG, October 23, 2026--INNIO N.V. yesterday announced a 620 MW follow-on order from a developer and operator of mega-scale data center campuses in the United States. Together with the customer's 1.1 GW order announced previously in July, the new order brings cumulative orders from the customer to approximately 1.72 GW this year.

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The Nuclear Company Announces a 6.6 GW Nuclear Project to Commence Construction by 2030 in Kentucky

LCG, October 21, 2026--The Nuclear Company today announced a proposed nuclear energy campus in Kentucky that could potentially provide 6.6 GW of electric generating capacity. The Prosperity One nuclear energy campus, located along the Ohio River in eastern Kentucky, could accommodate up to six Westinghouse AP1000 reactors and would be the largest nuclear power generation site in the nation if fully constructed.

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Industry News

Former El Paso Trader Indicted

LCG, Dec. 5, 2002--An indictment has been brought against a former vice president of the El Paso Corporation for his allegedly false reporting of 48 gas trades to an industry publication, federal prosecutors in Houston announced yesterday.

El Paso had stated that "inaccurate pricing information may have been provided to a trade publication," on Nov. 13, one day after Todd Geiger, who was engaged in gas trading, resigned from the company. According to Reuters, Mr. Geiger's lawyer, George Murphy, said that Geiger's arrest on Tuesday following a trip to Detroit "came as a tremendous shock to him, his family and to me. None of us knew this was coming." Geiger will plead not guilty, Murphy stated.

Geiger, 38, traded through El Paso's Canada desk from Houston, where U.S. Attorney John Lewis believes he tried to manipulate the price index at the Sumas hub, situated on the border of British Columbia and Washington state.

Prosecutors contend that on Nov. 30, 2001, Geiger discussed 48 non-existent gas trades with an editor of Inside FERC Gas Market Report, as if the trades were actual transactions conducted by the Merchant Energy Group at El Paso. The prices reported were used to produce a price index in the December edition of the publication. Monday, Geiger will be arraigned and charged with wire fraud and false reporting. Possible penalties that could be imposed should Geiger be found guilty are a fine of $500,000 for false reporting and up to five years in prison, and a fine of $250,000 and a maximum of five years in prison for wire fraud.

An investigation is continuing into possible false reporting by employees at El Paso, to publications publishing price indexes for the gas and electricity markets. The company website indicates that El Paso is "cooperating fully with the appropriate federal authorities." Spokespersons would not comment further.

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