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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

California Fines SoCal Gas $3.5 Million

LCG, Sept. 11, 2000California regulators have fined Southern California Gas Co. $3.5 million for allegedly bilking 500 property owners out of fair value for mineral rights and then lying about it to the California Public Utilities Commission.

The fine was part of a settlement agreement reached with the utility Thursday that will allow the property owners to unwind their deal with the company. SoCal Gas agreed to the settlement without admitting wrongdoing.

SoCal Gas is a subsidiary of Sempra Energy Inc. and a sister company to San Diego Gas & Electric Co. which has had regulatory problems of its own as consumers have seen their electric bills more than double this summer.

The $3.5 million fine will go to the state, and not the property owners. In voting unanimously to fine the company, regulators conveyed the impression they didn't like being misled. Details of the utility's mendacity were not disclosed.

As part of the settlement, Sempra must develop an ethics course for employees of SoCal Gas and its other subsidiaries.

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