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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

Williams Files $591 Million Claim in PG&E Case

LCG, Sept. 4, 2001--The Williams Cos. of Friday filed a claim in U.S. Bankruptcy Court for $591 million against pacific Gas & Electric Co. for power sold to the utility through the California independent System Operator and the now-defunct California Power Exchange.

Company officials said the claim reflects the maximum amount PG&E could owe Williams for but that some portion of the $591 million claim may be found to be the responsibility of SouthernCalifornia Edison Co.

Williams sold power through the CA ISO and Cal PX and they hold the sales figures that can be attributed to PG&E and SoCal Ed. What Williams does know is it sold power to the CA ISO for $557,654,670 and $32,705,539 to the Cal PX. One invoice of power sold directly to PG&E for $747,900 is also included in the claim.

"The $591 million claim represents our gross receivables through April 6 and the amount we arerequired to file to ensure that the courts have a full picture of the monies owed to Williams as bankruptcy proceedings filed by PG&E last April progress," said Steve Malcolm, president of Williams' energy services unit.

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