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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

TransAlta to Acquire Wind Developer

LCG, Oct. 28, 2001--Vision Quest Windelectric Inc., a Calgary-based owner and operator of wind turbine power plants, will be acquired by TransAlta Corp., possibly by the end of the year.

The current wind turbine portfolio of Vision Quest has a total maximum capacity of 44 megawatts. It would become an independently operated unit within TransAlta, which already has an investment in the company.

TransAlta, an unregulated power generator and marketer, plans to acquire Vision Quest's C$32 million debt, and will conduct due diligence and await regulatory approval on the deal. It intends to generate over 10% of its power output from renewable sources as part of a long-term strategy.
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