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X-energy and Dow Submit Application to the NRC to Construct an Advanced Nuclear Project in Texas

LCG, March 31, 2025--Dow and X-Energy Reactor Company, LLC ("X-energy") today announced the submission of a construction permit application to the U.S. Nuclear Regulatory Commission ("NRC") for a proposed advanced nuclear project in Seadrift, Texas. The proposed advanced small modular reactor ("SMR") project could begin construction later this decade and commence operations early next decade.

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Avangrid's 238-MW True North Solar Project Achieves Commercial Operation

LCG, March 27, 2025--Avangrid, Inc., a member of the Iberdrola Group, today announced that its True North Solar project, located in Falls County, Texas, has achieved commercial operation. The True North Solar project will deliver electricity into ERCOT and support Meta's operations, including Meta's upcoming data center in neighboring Temple, its second data center in Texas.

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Industry News

PowerGen Takes Over Dominion Resources Plant

LCG, Sept. 29, 2000Big British utility PowerGen Plc yesterday completed its purchase of the 350 megawatt, natural gas-fired Corby Power Station north of London. The seller of 80 percent of the facility was Dominion Resources Inc. of the U.S. Financial details were not disclosed.

In June, Dominion Resources announced that it would sell its interest in Corby Power Ltd., owner of the plant, for about $80 million. Corby Power was to retain project debt of about $220 million. If those figures applied to PowerGen's purchase, the total value of the deal would be around $300 million.

Thomas E. Capps, chief executive of Dominion Resources, said "Corby has been an efficient, profitable and well-run facility. We're pleased to be handing the keys to one of Europe's most experienced generators. We wish PowerGen and our former partner, Electricity Supply BoardInternational, continued success."

Dominion Resources said the sale advances its strategy to divest its non-core assets and focus growth on energy markets in the Midwest, Northeast and Mid-Atlantic regions of the United States.

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