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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

Missouri Regulators Okay Laclede Holding Company

LCG, Aug. 17, 2001--Laclede Gas Co. said yesterday that Missouri regulators have approved the company's plan to form a holding company, and Douglas H. Yaeger, the firm's chairman, president and chief executive said the umbrella organization should be up and running by October 1.

"Our goal is to better serve the needs of our customers and our shareholders," Yaeger said, splitting his infinitive. "We plan to do this by continuing to improve the reliable natural gas service provided by our regulated core utility business while further developing our presence in unregulated arenas with which we are familiar and have some expertise."

Laclede shareholders approved the holding company, to be called The Laclede Group Inc., at the company's annual meeting last January. With approval by the Missouri Public Service Commission, the St. Louis-based natural gas distributor is free to move forward with its plans.

Laclede Gas, which serves 633,000 customers in and around St. Louis, will become a subsidiary of the new holding company and will remain a regulated utility. Its present subsidiaries -- Laclede Energy Resources Inc., Laclede Venture Corp., Laclede Development Co., Laclede Investment Corp., Laclede Gas Family Services Inc., and Laclede Pipeline Co. -- will be folded into the holding company as unregulated businesses.

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