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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

Washington Says No Rate Hike for Puget Energy

LCG, Oct. 5, 2001--The Washington Utilities and Transportation Commission said yesterday it has rejected a request by Puget Sound Energy Co. for an emergency $84 million rate increase.

"Here, there is no demonstration that the failure to grant the requested relief would cause clear jeopardy to the utility or detriment to the ratepayers," the three-member commission wrote in its decision.

The company, a subsidiary of utility holding company Puget Energy Inc., had asked for the rate increase on August 21, saying it was needed because of volatile wholesale power prices and a long drought which had reduced the availability of hydroelectric power by about half.

The commission said Puget Sound Energy would file a general rate case next month, which will allow the regulators "to review more thoroughly the company's financial records, power costs and other business expenses. Today's ruling by the commission has no bearing on future rate-case decisions."

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