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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

Westcoast and Coastal to Disengage Joint Venture

LCG, Sept. 26, 2000--Westcoast Energy inc. of Vancouver, British Columbia, and Houston-based Coastal Corp. said yesterday that they would disengage their Engage Energy joint venture and split the assets. The move comes as Coastal and El Paso Energy Corp. finalize details of their merger, which is expected to close by the end of this year.

Engage Energy was formed by the two companies in 1997 as a natural gas and electricity marketing joint venture. The companies said Westcoast would keep the Canadian operations and an office in Michigan and will have the right to use the Engage name. Coastal will retain the U.S. operations.

The companies said they are working to ensure a smooth transition to maintain existing contractual relationships. The disengagement, which had been expected in light of the Coastal-El Paso deal, is expected to close by the end of the week.

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