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Constellation and Google Announce Strategic Collaboration that Includes 890 MW of New Nuclear Capacity to PJM Grid

LCG, October 6, 2026--Google and Constellation Energy today announced a long-term strategic clean energy collaboration to bring 890 MW of new, reliable, carbon-free nuclear capacity onto the PJM Interconnection grid to meet growing demand and increase grid reliability. The first uprate is expected to be delivered by 2028.

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Department of Energy Announces $4.2 Billion Investment to Boost Nuclear Power in Pennsylvania and Ohio

LCG, October 5, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) today announced a conditional loan commitment of up to $4.2 billion to finance nuclear uprates and modernization across Vistra’s nuclear fleet in Pennsylvania and Ohio. The projects are expected to preserve nearly 4 GW of carbon-free, baseload power and add 433 MW of new nuclear capacity that will support the growing electricity demand across the PJM region.

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Industry News

Tractebel Set to Exit India

LCG, Aug. 16, 2001--India, which set out a decade ago to attract foreign investment by reforming its electric power sector, is about to lose yet another foreign investor because of contractual disputes, the Economic Times reported this morning.

Tractebel of Belgium will sell its stake in a 50-50 joint venture, Jindal Tractebel Power Co., with Jindal Vijaynagar Steel, the paper said.

Tractebel thus will follow Cogentrix of the U.S. and Electricit de France in walking away from the bureaucratic entanglements of India. Enron Corp. of the U.S. is on the verge of selling its 65 percent interest in the huge $2.9 billion Dabhol power project, India's largest foreign investment, for a bargain basement $1 billion, and AES Corp., another American company, has said it is ready to depart its investments in India.

Tractebel appears to have reached an arrangement with its partner through two of its companies, after Saw Pipes and Jindal Steel & Power agreed to pitch in with 250 million rupees each to help meet a 2.35 billion rupee payout to Tractebel, the paper said.

The Economic Times said it had learned that Tractebel may also consider withdrawing from the International Chamber of Commerce. Tractebel had initiated arbitration proceedings against JVSL requesting compensation towards damages suffered by it, the paper said.

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