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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

77 Maine Towns Face Higher Electricity Prices

LCG, Oct. 16, 2001--The cost of electricity for consumers in 77 towns of east-central Maine will increase by a half-cent per kilowatt-hour in March as the result of a rate hike by Eastern Maine Electric Cooperative, the Bangor Daily News reported yesterday.

The co-op said it was passing on to its 11,600 customers an increase in what it pays for power to WPS Energy Services, an affiliate of Wisconsin Public Service Co.

Aside from the rate increase, the co-op's service territory is in good shape, according to Doug Jones, president of Eastern Maine's board of directors. Unlike the power crisis that paralyzed parts of California earlier this year, eastern Maine has "an abundance of generation" to meet local demand, he said.

"Another problem in California, though, was that there was inadequate transmission-line access to power sources in other states," Jones said. "This highlighted a new importance for the transmission segment of the electricity industry as more states deregulate."

Jones told 200 people attending the co-op's annual meeting about two projects to enhance transmission in Maine. "The most immediate of these is the newly proposed 345 kilovolt line that Bangor Hydro-Electric wants to build from Orrington to New Brunswick," he said. The new line has the potential to encourage power plant development in nearby Canada, he pointed out. "Since those new power plants will be in (our) back yard," Jones said, "members may probably see lower supply prices in the long run."

There is also the Neptune Project, which is a plan to connect power sources in New Brunswick and Nova Scotia with the northeastern United States by way of an undersea transmission line. It also could prove beneficial to the co-op's customers, Jones said.

Treasurer Scott Skinner told members that when the co-op's delivery rates are compared with the other utilities whose service territories include rural areas, Eastern Maine's rates are the lowest of the four. The others are Bangor Hydro, Maine Public Service and Central Maine Power.

But still, customers in those 77 towns will see their electric rates rise by a half-cent per kilowatt-hour in March.

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