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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

Enron Shelves Bosnia Projects in Political Uncertainty

LCG, Feb. 8, 2001Enron Corp. said this morning that it would hold off on several hundred million dollars worth of projects in Bosnia pending resolution of the Balkan country's political problems.

Yesterday, the Bosnian parliament was unable to agree on a new prime minister as a power struggle, dating to last November's elections, continued between nationalists and Western-backed political groups.

An Enron spokeswoman in Bosnia, Zdenka Gast, said the ministerial vacuum left the company no one in the government with whom to negotiate. She said Enron was close to signing deals with the Bosnian-Croat government power company Elekroprivreda HZ Herceg-Bosna and metals firm Soko about construction of two hydroelectric power plants and one thermal power plant.

Those projects will be tabled until political uncertainty is resolved, she said. "We are concerned about the projects that we have been negotiating with the authorities here over last year," Gast told a news conference.

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