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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

California to Pay Fine for Ethics Violation

LCG, March 8, 2002-California's Department of Water Resources (DWR) admitted it did not require 52 energy consultants to reveal accounts and will incur a $69,500 fine.

During last year's energy crisis, many DWR staff, hired at the last minute to help the state buy power, neglected to disclose information regarding energy deals, stock holdings and other energy investments. "In some of these instances, we had a delay in notifying the consultant of their obligation to file. Essentially, we were late," said DWR spokesman Oscar Hidalgo.

In July last year Secretary of State Bill Jones charged that consultants bought power for California from companies in which they personally owned stock. Five were dismissed in August. Those who failed to give statements were more than 100 days late providing the required information.

The DWR avoided paying the maximum fine of $260,000, which still pales in comparison with the $43 billion worth of contracts that California signed. Criminal investigation by Attorney General Bill Lockyer is ongoing.

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