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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

Black Hills Sells Output of Two Small New Plants

LCG, March 21, 2001--Black Hills Energy Ventures, the independent energy business unit of Black Hills Corp., said yesterday it has secured long-term contracts for the output of its new 40 megawatt gas-fired combustion turbine and 90 megawatt coal-fired power plants under construction near Gillette, Wyo.

The company said Cheyenne Light, Fuel & Power Co. will take all 40 megawatts from the gas turbine peaking facility under 10-year contract beginning this September. The plant is scheduled to begin commercial operation in June and will sell power into the regional wholesale market until the contract goes into effect.

Most of the power from the coal-burner has been contracted for by Cheyenne Light under another 10-year arrangement. The Municipal Electric Agency of Nebraska has signed a 10-year contract for the majority of the balance.

Daniel P. Lundguth, Black Hills Corp. chief executive, said "The contracts identify substantial revenue streams that provide sufficient cash flow to service expected debt and lease payments while yielding attractive returns on investment. In addition, coal production will increase at our Wyodak mine as a consequence of operating the new power plant, augmenting its economic contribution to Black Hills Corp."

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