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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

Pepco-Conectiv Merger Gets FERC Approval

LCG, Sept. 28, 2001--Potomac Electric Power Co. and Conectiv said yesterday they have received approval of their proposed merger from the Federal Energy Regulatory Commission, calling the green light "a significant milestone on the path to completing the combination of the two utilities."

Pepco also announced that regulators in Delaware, Maryland, New Jersey, Virginia, and the District of Columbia have now established schedules for reviewing the merger which are consistent with the companies' plans to complete the merger in the first quarter of 2002.

The companies said the merger will create the largest electricity delivery company in the Mid-Atlantic states with the largest transmission network serving the regional power grid. The new company will serve 1.8 million customers in the District of Columbia, Maryland, Delaware, New Jersey and Virginia.

The Federal Trade Commission and the U.S. Justice Department cleared the merger in August. Shareholders of both companies approved the merger in July.

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