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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

Montana Power Gets Farther Away from Power

LCG, June 26, 2001Montana Power Co. said this morning it has arranged to buy out the remaining term of a power supply contract with an industrial customer, removing the former electric utility's exposure to uncertain future energy prices.

The agreement involves a one-time payment by Montana Power of $62.5 million to Advanced Silicon Materials LLC and ends, as of June 30, the power supply contract that was in effect until the end of next year.

Montana Power will soon be entirely out of the power business and will be a telephone company called Touchamerica, or maybe Touch America.

Bob Gannon, Montana Power's chief executive, said "This action terminates a legacy industrial energy-supply obligation on generally favorable terms, and the contract has been removed from our agreement with North Western Corp., the buyer of our utility business."

"We have enjoyed a good working relationship with Montana Power," said Advanced Silicon's Mike Kerschen. "They were an excellent partner, and we are happy to support their need to transition away from energy to telecommunications."

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