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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

Calpine Completes SkyGen Energy Purchase

LCG, Oct. 19, 2000--Calpine Corp. said yesterday it had completed the purchase of Northbrook, Ill.-based SkyGen Energy from its founder, Michael Polsky, and from Wisvest Corp., an affiliate of Wisconsin Energy Corp.

The acquisition, which cost Calpine $450 million plus the assumption of debt, will increase Calpine's natural gas-fired, modern power generation fleet by up to 13,500 net megawatts of capacity in key strategic power markets throughout the U.S., including a strong portfolio of cogeneration facilities with long-term power sales agreements.

Calpine also gets 34 General Electric 7 FA gas turbines to power its newly acquired developmentprojects.

Calpine will operate SkyGen as a subsidiary with Polsky as president. Polsky will also join Calpine's board of directors.

As a result of the acquisition Calpine has added to its portfolio three operating facilities, five projects under construction, 10 late-stage development facilities and 16 project development opportunities.

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