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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

Electricity Traders Form Trade Association

LCG, November 5, 2002Several energy traders have created an association in order to fortify themselves against unstable energy markets.

Amerex Group, GFI Group, APB Financial LLC, Natsource LLC, Prebon Energy, Starsupply Petroleum LLC, and TFS Energy LLC recently joined forces to form the Energy Brokers Association.

These groups want to show that they are setting standard, reliable trading practices and intend to work with outside companies and government bodies.

The association has mentioned it will work to specify the purpose and activities of over-the-counter traders, among other issues.

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