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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

Entergy to Contest AmerGen for Vermont Yankee

LCG, Nov. 29, 2000--Entergy Corp. has asked the Vermont Public Service Board to entertain a new bid for the 510 megawatt Vermont Yankee nuclear power plant, despite a prior agreement that would allow AmerGen Energy Co. to purchase the facility.

Rob Williams, a spokesman for Vermont Yankee Power Corp. which operates the plant, said his company couldn't act "in good faith" on any Entergy offer because "We have a signed agreement with AmerGen."

Entergy Nuclear said in a letter late Monday it had been following the Vermont Yankee hearing "with great interest" and want to make an improved offer over its bid which lost out to AmerGen's $23.5 million offer in October 1999.

When Entergy and AmerGen began buying used nuclear power plants they could be had for the value of fuel on hand, but the recent acquisition by Entergy of the Indian Point 3 and FitzPatrick plants from the New York Power Authority has raised the ante.

AmerGen saw Entergy's most recent move coming and last week more than tripled its offer for Vermont Yankee to more than $93 million. The Public Service Board, which has not yet ratified AmerGen's deal with Vermont Yankee Power corp., said it wanted only to get the best deal for the people of Vermont.

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