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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

AES to Acquire El Salvador Units from Reliant

LCG, Sept. 1, 2000AES Corp. said yesterday it had entered into an agreement for a subsidiary to acquire for undisclosed terms Reliant Energy International's interest in an El Salvador company which owns three electric distribution companies.

Reliant has owned 50 percent of El Salvador Energy Holdings S.A., with Venezuelan utility Grupo EDC owning the other half. AES acquired control of EDC in a hostile takeover earlier this year. On Wednesday, AES said it had sold Colombian assets acquired in the EDC deal to Unin Fenosa of Spain.

The three El Salvador distribution companies, Compania de Alumbrado Electrico de San Salvador, S.A. de C.V., Empresa Electrica de Oriente, S.A. de C.V. and Distribuidora Electrica de Usulutan, S.A. De C.V. serve 3.5 million people, approximately 60 percent of the population of El Salvador, including the capital city of San Salvador.

Reliant said the sale is part of its plan to get out of the Latin American market and put its resources to work in the competitive energy services businesses of the U.S. and Western Europe. The company is still looking for buyers for its interests in electric systems in Brazil, Colombia and Argentina.

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