Bonds and Financing
U.S. Rep. Rudy Yakym (R-IN) on Feb. 26 received the American Public Power Association’s Public Service Award at APPA’s Legislative Rally in Washington, D.C. Yakym was honored by APPA for exceptional leadership on issues of importance to public power—particularly his vital role as cochairman of the
Bonds and Financing
The Santee Cooper Board of Directors on Feb. 26 approved the sale of approximately $1 billion in bonds to fund capital improvement projects and refinance debt issued in 2014 and 2015.
Generation
NRG Energy Inc. on Feb. 26 joined GE Vernova and TIC-The Industrial Company, a subsidiary of Kiewit Corporation, in announcing a new venture aimed at rapidly bringing new electricity generation capacity to market in response to growing demand for computing power and generative artificial intelligence.
Contact Tobias Sellier, Senior Director of Media Relations and Communications at MediaRelations@PublicPower.org. Washington D.C., February 26, 2025—Representative Rudy Yakym (R-IN) today received the American Public Power Association’s Public Service Award...
Generation
Holtec on Feb. 25 detailed plans to build small modular reactors at the Palisades nuclear power plant site in Covert Township, Michigan, with a target of 2030 for first commercial operation.
Generation
Electricity generators plan to retire 12.3 gigawatts of capacity in 2025, a 65% increase in retirements compared with 2024, the U.S. Energy Information Administration reported.