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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 Buys 750 Megawatt California Project

LCG, March 22, 2001Calpine Corp. said yesterday it has purchased the development rights for a 750 megawatt natural gas-fired merchant power plant near Bakersfield, Calif., from Enron North America for an undisclosed sum.

Calpine said the $500 million Pastoria Energy Center was licensed by the California Energy Commission last December and construction is scheduled to begin this summer. Commercial operation is expected to begin in time for the summer of 2003.

The facility will be built on property leased from the Tejon Ranch Corp. about 30 miles south of Bakersfield. Calpine said construction will require more than 800 workers during peak building periods and the plant will provide up to 25 permanent jobs once complete.

Calpine will manage all aspects of the project including engineering and design, construction, fuel supply, operations and power marketing.

Calpine, which already has 1,300 megawatts of installed capacity in gas-fired and geothermal plants in California, said it has another 2,100 megawatts under construction in an around the state and 3,800 megawatts more under development.

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