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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

Newsmakers

Scott Forbes has been promoted to senior vice president, chief financial and accounting officer at Texas-New Mexico Power Company. Forbes joined Texas-New Mexico in 1996, and was most recently vice president, chief accounting and information officer. He also held accounting positions at Entergy Services.

Douglas Hobbs becomes senior vice president, chief operations officer of Texas-New Mexico Power Company, where he was most recently vice president-transmission and distribution. Hobbs, a registered professional engineer, was a power plant manager for TXU Electric, and a project manager with an energy consulting firm.

Texas-New Mexico Power Company has also named Joe Hegwood assistant controller. Hegwood will move to this position from his role as director of accounting, and previously director of finance.

CMS Energy has named Tom Webb chief financial officer, succeeding Alan Wright, who is moving to a new company.

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