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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

Nevada Power Sells Las Vegas Plant to Reliant

LCG, Dec. 11, 2000--The Nevada Power Co. unit of Sierra Pacific Resources Corp. said this morning that it has agreed to sell its 149 megawatt Sunrise Station power plant in Las Vegas to Reliant Energy Power Generation Inc. for $106 million.

Nevada Power negotiated the right to buy energy and ancillary services from Reliant Energy Power Generation for agreed upon prices from closing until March 1, 2003, at a cost of $73 million based on time of closing. This will result in a net price for the generating plant upon closing of approximately $33 million.

In addition to the two gas-fired units at Sunrise that Nevada Power is selling to Reliant, there are three gas turbines at the site, rated at 222 megawatts. These belong to independent power producer Nevada Sun-Peak LP, and sell their output to Nevada Power under contract.

"With the sale of Sunrise Station, divestiture of our generation assets is nearly complete. The buyer is a leader in power generation and has already established a strong presence in southern Nevada," said Walter M. Higgins, chief executive officer of Sierra Pacific.

Sierra Pacific said there are no regular full-time employees at Sunrise Station.

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