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Invenergy Announces New Agreements with Meta for Renewable Energy to Support Data Center Operations

LCG, June 26, 2025--Invenergy today announced that they and Meta Platforms, Inc. have signed four new clean energy agreements that total an additional 791 MW of procured solar and wind capacity to support Meta's near-term operations, data center growth, and clean energy goals.

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New York Power Authority to Develop New Nuclear Facility in Upstate New York

LCG, June 23, 2025--The Governor of New York today directed the New York Power Authority (NYPA) to develop and construct an advanced nuclear power plant in upstate New York to deliver zero-emission power that supports a reliable and affordable electric grid. NYPA will lead the effort to develop at least one new nuclear energy facility with a combined capacity of at least one gigawatt (GW) of electricity, either alone or in partnership with private entities. The directive builds on the Governor’s 2025 State of the State to develop nuclear energy plans in New York.

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Industry News

PNM to Sell Wholesale Power to Navopache Co-op

LCG, July 11, 2000--Public Service Co. of New Mexico said yesterday it has begun providing more than 50 megawatts of power to Navopache Electric Cooperative under a long-term wholesale contract.

Navopache, which serves more than 25,000 members in rural Arizona and New Mexico, had beena member of Plains Electric Generation and Transmission Cooperative but decided to switch to PNM when Plains merged with Tri-State Generation and Transmission Association July 1.

According to PNM, the 10-year contract with the co-op is expected to increase PNM power sales by about 300,000 megawatt-hours annually, generating an additional $12 million a year in revenues. The utility sold more than 11 million megawatt-hours of wholesale power last year, a 27 percent gain over 1998.

For Navopache, the co-ops chief executive Vernon Hollimon said "Our challenge was to help our members save money, and I think we've successfully done that by choosing to get our power from PNM."

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