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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

El Paso Sells Coal and Natural Gas Assets

LCG, November 7, 2002-El Paso Corp. plans to sell over a half a billion dollars worth of assets.

El Paso, the continent's largest pipeline company, has announced the sale or future sale of some of its coal reserves, coal properties, and gas-related assets.

El Paso has said Natural Resource Partners L.P. intends to buy Coastal Coal's reserves in areas of West Virginia and Virginia for $69 million.

Westport Resources company plans to buy natural gas sources in Utah for $502 million. Uintah Basin and Ouray Fields have a combined total of over 1,000 wells, producing roughly 80 million cubic feet of gas per day.

Currently, El Paso Corporation is under scrutiny for allegedly restricting gas supply to California during the California energy crisis of 2000/2001.

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