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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 to Provide 3,000 Megawatts to Shell Energy

LCG, July 19, 2001Calpine Corp. and Shell Energy Service Co. said yesterday they had arranged a deal under which Calpine will sell up to 3,000 megawatts of Texas power to the oil company subsidiary.

Shell Energy will market the power in the Texas retail market, which is to begin opening up to competition beginning July 31 when 5 percent of the state's retail electric customers are given the opportunity to select alternative energy providers.

The companies declined to disclose financial details of the five-year deal which is scheduled to begin next January 1.

Calpine, which already has 2,700 megawatts of installed generation in Texas, will add another 935 megawatts at two plants scheduled to begin commercial operations by the end of this year, a company spokeswoman said.

Calpine, which has been active in the Texas generation market, said the Shell deal means it has sold 85 percent of the power it can produce in the Lone Star State.

The Texas customer choice program was originally scheduled to begin on June 1, but computer problems at the state's independent system operator delayed the start. The Texas retail power market is slated to be fully open by January 1 of next year.

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