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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

Peruvians Strike Against Privatization

LCG, April 17, 2002--Civic groups in three southern areas of Peru began a two-day strike protesting the privatization of Peru's electricity industry.

Interest groups assert that nothing beneficial will come of privatizing the electricity sector, and too much control will be handed over to foreign investors. Worker fear layoffs, higher costs, and the creation of antagonistic monopolies.

Generacion Electrica de Arequipa (EGASA) and Generacion Electrica del Sur (EGESUR) are scheduled for privatization April 30.

Peruvian Financial Minister Pedro Pablo Kuczynski insists that the state-owned assets will be sold, and that Peru will be able to reap $700 million from the sales.

According to Peruvian polling, as many as seven tenths of people asked are against privatizing electricity.

Transmission companies Etecen and Etesur will be up for sale on April 23, and four regional electricity distribution will be auctioned on May 30: they are Electronorte SAC, Electro Norte Medio SA, Electrocentro SA, and Elerctronoroeste SA.

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