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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

Mirant Finally Unloads Chile's Edelnor

LCG, Jan. 2, 2002--Mirant Corp. of the United States said this morning that it completed the $4.5 million sale of its money-losing Chilean electric utility Empresa Electrica del Norte Grande SA , or Edelnor.

In addition to paying Mirant $4.5 million, F.S. Inversiones Ltda. will assume $340 million in debt and try to stave off liquidity problems.

Edelnor, which consists mostly of 760 megawatts of generation capacity, has been unable to settle into a profitable routine in northern Chile, where it is one of the principal generators of electricity. Mirant put the company on the block last October after writing off its entire investment in the company.

At that time, it also said it would not invest another dollar in Edelnor.

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