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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 Hopes to Build Memphis Plant

LCG, Apr. 9, 2002--A spokesman for Enron said that the company is "early in the development process" for a 500-megawatt, gas-fired peaking plant that would be built near Memphis, Tenn. following the expected completion of a bankruptcy reorganization within a year.

The plant, which would be built in Tennessee Valley Authority's service territory, could require expansion of the transmission system. John Moulton, a spokesman at the TVA, said that it is too early to know whether such investment is necessary. The output of the plant would be sold into the wholesale market.

The plant would be sited in Arlington. Two plants have already been built by Enron in Tennessee prior to its filing for Chapter 11 bankruptcy protection. The plants, which were subsequently sold, started operations in 1999 and 2000.
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