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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

EdF to Boost Stake in Argentina's Edenor

LCG, Feb. 26, 2001Electricit de France subsidiary EDF International will purchase additional ownership interest in Argentine electric distribution company Edenor from Spanish utility Endesa and petroleum company Repsol-YPF, the European companies said separately this morning.

Edenor is one of two electric distribution companies serving Buenos Aires, Argentina's largest city. It and Edesur, which is also party owned by Endesa, serve about 14 million people. The Argentine government has ruled that Endesa must sell its stake in one or the other in order to ensure competition.

EDF International will buy all of the ownership interest in Edenor presently held by Endesa Internacional and Astra Capsa, Repsol's Argentine subsidiary. The deal will increase EdF's interest from 32 percent to 81 percent.

The agreement announced today will begin a 30-day negotiation process between the companies. The transaction will be subject to approval by directors of all three companies and by French and Argentine government regulators.

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