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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

Enron's Ken Lay to Testify Before Senate Panel

LCG, Dec. 18, 2001--Enron Corp. chief executive Kenneth Lay, who turned down invitations to talk to lawmakers last week and today, has agreed to testify before the Senate Commerce Committee on February 4, Sen. Byron Dorgan said this morning.

Dorgan, a North Dakota Democrat, said Lay "has committed to appear before our committee and present testimony at a second hearing which will be held on February 4."

Former Enron chief executive Jeff Skilling, who resigned abruptly in August after just six months on the job, and former Chief Financial Officer Andrew Fastow, who was sacked in October, have also been invited to testify in February, Dorgan said.

Skilling, who Enron hired from consultants McKinsey & Co., is seen as the architect of Enron's high-volume, low-asset trading strategy, while Fastow was responsible for the "off-balance-sheet entities" lawmakers want to learn more about.

"We also intend to request at that hearing the attendance of Mr. Skilling and Mr. Fastow, former top executives at Enron, and others who can help explain what happened," said Dorgan.

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