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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

TXU Acquires 51 Percent of German Municipal Utility

LCG, July 14, 2000--TXU Europe said yesterday that it will acquire a 51 percent interest in Stadtwerke Kiel, the municipal energy utility for the capital of Germanys Schleswig-Holstein province, for $215 million.

Stadtwerke Kiel serves about 250,000 electricity and gas customers in and around the city, which lies at south end of the Kieler Frde and is home to a major German naval base. The Kiel Canal connects the North Sea with the Baltic Sea.

Phil Turberville, chief executive of TXU Europe, said "We are delighted that this partnership hasbeen unanimously approved by the supervisory boards and the parliament, and we are veryencouraged by the support we have had from all parties, including the workers council and tradeunion."

Alan Wyatt, a TXU Europe senior vice president, said the acquisition "provides a very strongentry point for us into the German market."

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