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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

California Lawmakers to AskReliant be Held in Contempt

LCG, July 19, 2001The California Senate Select Committee to Investigate Market Manipulation voted 6-0 yesterday to ask the full Senate to cite Reliant Energy Inc. for contempt after the energy company failed to provide confidential documents.

Reliant thus joins Enron Corp. in facing the state Senate's first contempt citations since 1929.

State Sen. Joe Dunn, the Democrat chairman of the panel investigating possible wrongdoing by independent power producers during California's energy crisis, said his committee would now begin preparing a full report on its charges against Reliant. He added that the committee's report on Enron could be submitted as early as today.

"We have been discussing this with them virtually every single day, and they are not in complianceyet," Dunn said of Reliant. "Twenty-four hours ago I was cautiously optimistic about them, I am nowback to pessimistic."

Reliant said it had offered to submit around 10,000 documents but Larry Drivon, special counsel with the select committee, said Reliant's offer represented a good deal less than what some other firms have offered, and most skirted the issues the committee is interested in.

"What we've gotten this time is both insignificant and largely irrelevant," Drivon said.

Also yesterday, the select committee voted not to proceed at this time against some other energy companies, pending a review of their compliance.

As for Enron, the company has filed suit in Sacramento Superior Court challenging the committee's authority to subpoena documents. Enron has argued that the papers are in Texas, well out of the California state Senate's jurisdiction. Enron also says the state Senate lacks jurisdiction over wholesale electricity prices, which are regulated by the Federal Energy Regulatory Commission.

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