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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

Calpine Buys Out Bechtel in NorCal Projects

LCG, Nov. 7, 2001--Calpine Corp. said yesterday it has acquired the 50 percent interest of partner Bechtel Enterprises in three power plant projects in the San Francisco Bay Area. Calpine paid $154 million in cash and assumed about $141 million in cash to add a little more than 1,000 megawatts of owned generation.

That power isn't ready for delivery as yet. The three projects are:

  • The 880 megawatt Delta Energy Center in Pittsburg, in the northeast Bay Area near the mouth of the Sacramento River. The plant is under construction and is expected to begin commercial operation next spring.

  • The 600 megawatt Metcalf Energy Center in south San Jose. The project was recently licensed by the California Energy Commission and is expected to be in operation by the end of 2003.

  • The 600 megawatt Russell City Energy Center in Hayward, across the bay from Palo Alto. The project is under development and is currently being considered for licensing by the Energy Commission. If approved, Calpine hopes to have the plant on-line by the summer of 2004.

"Calpine intends to have 12,000 megawatts of clean, efficient generating capacity on line in the California market within the next five years," according to Rick Thomas, vice president for finance and development. "Today, our California portfolio includes approximately 9,800 megawatts of natural gas-fired and geothermal facilities in operation, under construction and in announced development."

Bechtel isn't getting out of the power business in which it has played a major role since the mid-1940s. Doug Brown, vice president and manager of power development said "We intend to continue to play an active role in the California power generation market, by investing in the state's energy infrastructure, and helping them meet their growing energy and fuel supply needs."

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