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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

Brazil Suspends Gas Development

LCG, March 20, 2000- Plans to develop Brazil's natural gas importation have been suspended while the Brazilian government rethinks its energy production.

Brazil has been experiencing a severe energy shortage, rationing energy over the last nine months. Nine tenths of Brazil's electricity comes from hydroelectric plants, and drought has seriously limited energy generation.

The government had planned to expand gas imports from Bolivia to generate more energy but has decided to reevaluate its gas-fired energy needs first.

In October of 2001 international companies were allowed to apply to expand the pre-existing 30 million cubic meter pipeline.

Many foreign investors want access to the pipeline but are dismayed at the falling Brazilian currency, 16 percent last year over the dollar. In addition, Brazil's thermoelectric development has stagnated and only a few of the planned gas-fired plants have been built.

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