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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

Calpine Buys Out Partner in New England Plants

LCG, Oct. 23, 2000--Calpine Corp. said Friday it would buy from Dartmouth, Mass.-based Energy Management Inc. the interest it does not already own in three recently-built New England power plants. Calpine will also get a joint marketing venture.

Calpine said it would pay $100 million in cash and $45 million in stock for the assets, as well as assume about $220 million of project financing. The power plants are located in Dighton, Mass., Tiverton, R.I. and Rumford, Maine, and represent a total of 700 megawatts of capacity.

Calpine senior vice president Bob Alff said "The Dighton, Tiverton, and Rumford assets are among the first merchant power plants in the New England market, and acquiring the remaining interest in these projects illustrates the implementation of our New England market strategy."

In other New England activity, Calpine is in the final stages of construction of the 500 megawatt Westbrook Energy Center, in Westbrook, Maine, and will shortly begin construction of the 500 megawatt Towantic Energy Center, in Oxford, Conn. The company also owns a 37 percent interest in the 160 megawatt Androscoggin Energy Center, located in Jay, Maine, as part of its recently completed acquisition of Northbrook, Ill.-based SkyGen Energy.

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