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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

AEP Buys Enron's Houston Pipe Line

LCG, June 4, 2001--American Electric Power Co. Inc. said Friday it has completed the purchase of Enron Corp.'s Houston Pipe Line Co. intrastate natural gas pipeline subsidiary for $726.6 million. The deal includes pipelines in Texas, storage facilities and inventories of natural gas.

Houston Pipe Lines operates more than 4,400 miles of pipeline within Texas including lines linking offshore gas producing areas in the Gulf of Mexico with processing facilities and interstate pipeline in the state. The purchase adds about 2.4 billion cubic feet per day of capacity to AEP's smaller existing system.

The purchase also includes a 30-year pre-paid lease to operate the Bammel Storage Facility, which boasts about 118 billion cubic feet of capacity.

AEP said the Houston pipeline system will be operated separately from its existing facilities, but the two will be centrally controlled. The combined systems will have a daily gas capacity of around 3.2 billion cubic feet and include more than 6,400 miles of natural gas pipeline in Louisiana and Texas.

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