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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

Connecticut Okays Dominion Purchase of Millstone Nukes

LCG, Jan. 24, 2001The Connecticut Department of Public utility Control said this morning it has approved the purchase by Dominion Resources Inc. of the three-unit Millstone nuclear power complex from Northeast Utilities.

The DPUC noted in a news release that the price Dominion would pay for Millstone, almost $1.3 billion, was more than five times higher than the minimum bid of $232 million that was set for the state-ordered auction.

Donald Downes, head of the DPUC, said that the sale will reduce the stranded costs of Northeast subsidiary Connecticut Light & Power Co. by about "half the original $3.5 billion amount." The DPUC news release said that the sale should result in savings of more than $500 million to Connecticut ratepayers.

"The department is pleased to be able to approve this sale because of the fine record of Dominion'soperations, a record sale price for nuclear plants and a financial win for the consumer," Downes said.

This morning, the Federal Energy Regulatory Commission also gave its approval to the sale.

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