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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

Cinergy to Resume Development of 130 Megawatt Indiana Peaker

LCG, April 25, 2001--Cinergy Capital & Trading Inc., the merchant power unit of utility Cinergy Corp., said yesterday it has received approval from the Indiana Utility Regulatory Commissionfor construction of a 130 megawatt gas-fired electric peaking facility near Cadiz, northeast of Indianapolis.

The commission had halted development of the project in March 2000, but Cinergy said construction would restart "promptly" with the first units scheduled to be on line this July. Total cost of the project will be around $70 million.

Indiana regulators placed several conditions on their order. The facility must be operated only with natural gas and should be landscaped so that its appearance is similar to other non-residential facilities in the area, and Cinergy will have to make sure the plant doesn't cause any problems with its neighbors' well-water.

Cinergy said 50 megawatts of the plant's output will be sold under a 20-year contract to the Wabash Valley Power Association and the balance will be sold into the regional wholesale market.

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