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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

Connecticut Okays Dominion Purchase of Millstone Nukes

LCG, Jan. 24, 2001The Connecticut Department of Public utility Control said this morning it has approved the purchase by Dominion Resources Inc. of the three-unit Millstone nuclear power complex from Northeast Utilities.

The DPUC noted in a news release that the price Dominion would pay for Millstone, almost $1.3 billion, was more than five times higher than the minimum bid of $232 million that was set for the state-ordered auction.

Donald Downes, head of the DPUC, said that the sale will reduce the stranded costs of Northeast subsidiary Connecticut Light & Power Co. by about "half the original $3.5 billion amount." The DPUC news release said that the sale should result in savings of more than $500 million to Connecticut ratepayers.

"The department is pleased to be able to approve this sale because of the fine record of Dominion'soperations, a record sale price for nuclear plants and a financial win for the consumer," Downes said.

This morning, the Federal Energy Regulatory Commission also gave its approval to the sale.

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