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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

CA Governor Favors Settlement with El Paso Corp.

LCG, February 25, 2003Today Californias Governor Gray Davis said he would rather see a settlement than a ruling in a case regarding El Paso Corporations alleged manipulation of pipeline capacity.

The Federal Energy Regulatory Commission (FERC) is expected to issue a ruling by the end of March regarding whether or not the El Paso Corporation was at fault for the high cost of natural gas during the electricity crisis of 2000/2001. El Paso owns and allots natural gas pipeline capacity to those interested in shipping gas. California claims that the corporation limited shipping capacity at 79 percent from a period between November 2000 and March 2001, limiting supply and resulting in $3.3 billion in overcharging. This period showed high natural gas prices and high wholesale electricity prices. Many of the states power plants are fueled by natural gas, so inflated gas prices would have had a serious impact on the price of wholesale electricity during this time.

El Paso insists that it operated lawfully. California and El Paso are currently discussing settlement possibilities, according to Governor Davis.

Davis has, on more than one occasion, asserted his lack of faith in FERC to put forth a fair decision. Simultaneously, he is facing growing, bipartisan criticism in California on a number of issues including energy, and may even be subjected to a ballot measure intended to recall him as governor.

Meanwhile El Paso will sell its Mid-Continent natural gas reserves to Chesapeake Energy Corp. for $500 million and has gained liquidity through a new $1 billion financing deal. El Pasos Southern Natural Gas Co. and ANR Pipeline Co. are also being sold for $400 million and $300 million, respectively. The companys stock jumped by at least 13% this morning.

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