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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 in 10-year, $4.6 Billion Power Deal with California

LCG, Feb. 7, 2001Calpine Corp. said this morning that it had signed a 10-year contract to provide the California Department of Water Resources $4.6 billion worth of electricity. Deliveries will begin in October and continue through 2011, the company said.

No one was able to think of a larger power deal in the history of the independent power industry. Calpine will start off by supplying the water department with 200 megawatts on October 1. The amount of power will build to 1,000 megawatts by Jan. 1, 2004, and stay at that level for the balance of the contract.

This will be base load power. Calpine said the electricity will be sold on a 24-hour, 7-day week basis, directly to the Department of Water Resources.

James Macias, a Calpine vice president who led negotiations with the state, said ". This contract between Calpine and the State brings competitively priced power to the market to help stabilize electricity prices for consumers. As a California company, Calpine is pleased to have entered into one of the first transactions under the long-term power legislation recently signed by Governor Davis."

The company said it has already made other commitments to deliver power to California public agencies, such as the Sacramento Municipal Utility District, Modesto Irrigation District, ImperialIrrigation District, and the Association of Bay Area Governments.

The initial 200 megawatts to be delivered this coming October will likely be produced at one of the company's new energy centers, the first power plants licensed in California in more than 10 years. Additional power will probably come from plants currently under development in the state.

Calpine said it has about 2,000 megawatts under construction in the states and another 2,300 megawatts in development. It expects to have 7,700 megawatts of new generation on line in the state by 2005.

That includes the planned 600 megawatt Metcalf Energy Center in San Jose, Calpine's home town. Permitting for that plant has been held up by opposition from Cicso Systems, the No. 1 maker of computer networking equipment and San Jose's largest employer. The gas-fueled, combined-cycle power plant would be built within view of a new Cisco factory, something the Internet company thinks would be aesthetically unpleasant.

Cisco Systems has not volunteered to run its plant on steam or light it with candles.

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