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.

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.

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.

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.