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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

Texas' Top PUC Official, Ex-Exec at Enron, Resigns

LCG, Jan. 18, 2002--Questions concerning the circumstances of Max Yzaguirre's appointment as chairman of the Texas Public Utilities Commission led to his resignation Thursday.

Yzaguirre was appointed to the PUC post by Texas Gov. Rick Perry in June. PUC spokesman Terry Hadley said that Yzaguirre had informed his staff that his resignation is effective as of Friday. The former executive at Enron had moved deregulation of Texas' electricity market forward, based upon the passage in 1999 of deregulation legislation.

Gov. Perry will be running for a full term as governor, having taken office when now-President Bush left for Washington. Criticism has risen over the donation of $25,000 to Perry's campaign by Enron chairman Ken Lay the day following Yzaguirre's appointment. The governor said that the timing of the two events was "totally coincidental."

In his original application to head the PUC, Yzaguirre noted his experience as head of Enron's Mexico operations. During Enron's increasing financial difficulties last year, he included other appointments with various other Enron affiliates in his record, which he said he had not remembered earlier.

Tony Sanchez, a Democratic gubernatorial candidate, said he was not sure that the investigation into the financial impact of Enron's collapse upon Texas would not be affected by Enron executives' contributions of $220,000 to Perry's campaigns dating to 1994.

Spokeswoman for the governor, Kathy Walt, said "the governor maintains that Max Yzaguirre is qualified and was qualified at the time of his appointment to serve on the commmision," and that "he has been a fair and balanced voice.&quopt;
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