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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 UK's Saltend Plant from Entergy

LCG, July 6, 2001--Entergy Corp. said it yesterday it has sold Saltend Energy Centre, one of the largest natural gas-fired plants in the United Kingdom, to California-based independent power producer Calpine Corp. for 560 million ($784 million U.S.).

The 1,200 megawatt plant, one of Britain's biggest and most modern gas fired power stations, began commercial operations last November. Entergy said it would keep its 800 megawatt Damhead Creek power plant close to London. Damhead started operating in February.

Saltend provides electricity and steam for BP Chemical's Hull Works plant under the terms of a 15-year agreement. The rest of the facility's output is sold into the deregulated British power market.

Entergy said the sale of Saltend was "a substantial opportunity to immediately harvest value and redeploy capital."

"This modern cogeneration facility marks Calpine's entry into the robust UK power industry andrepresents the cornerstone for our European strategy," said Rick Haviland, Calpine senior vicepresident. "We plan to capitalize on our core power competencies developed in North America,including power plant development, construction, operations and power trading, selectivelyexpanding our operations in the UK, as well as Italy and Spain."

The sale brings the amount spent on British power station acquisitions in the past two years to more than 5 billion ($7 billion). Ten UK power plants, with a combined capacity of more than 16,000 megawatts, have been sold since the spring of 1999.

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