News
LCG, April 9, 2025--Duke Energy announced yesterday its submission of a subsequent license renewal (SLR) application to the U.S. Nuclear Regulatory Commission (NRC) for the Robinson Nuclear Plant, a 759-MW nuclear unit located near Hartsville, South Carolina. The application requests extending the plant's operations for an additional 20 years.
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LCG, April 8, 2025--Gemma Power Systems (“Gemma”), a wholly owned subsidiary of Argan, Inc. (“Argan”), has received a notice to proceed on its previously announced engineering, procurement and construction (“EPC”) services contract with Sandow Lakes Energy Company, LLC (“SLEC”) for a 1.2-GW power plant in Lee County, Texas. Construction of the natural gas-fired, combined cycle facility is scheduled to commence this summer, with an expected project completion date in 2028
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Industry News
Williams May Separate Energy, Communications
LCG, July 25, 2000--The board of directors of The Williams Cos. has given the companys management preliminary approval to plan for spinning off the firms energy and communications businesses.The company said that no specific course of action has been determined, but if it happened the process would take no more than 18 months. Any change from the current ownership structure would be contingent upon a number of factors, including ensuring favorable tax treatment for Williams' shareholders.Keith E. Bailey, Williams chief executive, said "We believe these steps are the best way to ensure that both our energy and communications businesses have the efficient and effective access to the capital necessary to pursue the substantial growth opportunities that each enjoys."A portion of Williams Communications Group Inc. was sold in public and private equity offerings last October. The company retains ownership of about 85 percent of the unit.
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UPLAN-G
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PLATO
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