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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.

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.

Niagara Mohawk Cuts Rates to Gain Merger Approval

LCG, Jan. 18, 2001Merger partners Niagara Mohawk Holdings Inc. and National Grid Group Plc of the United Kingdom yesterday asked the new York State Public Service Commission to approve a merger between the two companies and tossed in a $132 million electricity delivery rate cut for Niagara Mohawk customers to make it more palatable.

"We hope this will smooth regulatory approval," Niagara Mohawk senior vice president William Edwards told a news conference. "It is reflective of what Niagara Mohawk and National Grid can do together."

The reduction in delivery charges would offset to some degree a rise later this year in charges for the electricity itself. Prices for power are forecast to rise between 8 percent and 12 percent in September.

Niagara Mohawk said it hopes to have state approval for the merger by June 1. Spokesman Nicholas Lyman said filings have been made with the Justice Department and the Federal Trade Commission. Approval will be sought from the Securities and Exchange Commission following receipt of state approval.

He said the companies would seek approval from the Federal Energy Regulatory Commission later this month or in February.

Niagara Mohawk Holdings is parent company of Niagara Mohawk Power Co., the second-largest combined natural gas and electric utility in New York.

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Invenergy Announces New Agreements with Meta for Renewable Energy to Support Data Center Operations

New York Power Authority to Develop New Nuclear Facility in Upstate New York

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Niagara Mohawk Cuts Rates to Gain Merger Approval