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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

Reliant Resources Appoints New Board and CEO

LCG, August 12, 2003Houston-based Reliant Resources has appointed two new board members and a new chief executive officer.

Joel Staff, who served as chief executive officer of National Oilwell Inc., will take the place of Steve Letbetter, who stepped down from his position as CEO of Reliant in April.

Kirbyjon H. Caldwell, a senior pastor of the United Methodist Church, has been elected to a seat on Reliants Board of Directors. He has been involved with the Methodist church for over twenty years and is also currently taking part in the creation of a 234-acre planned community.

Steven L. Miller has also been chosen to join the Board. He is chairman and president of SLM Discovery Ventures and former CEO of Shell Oil Co. Before retiring from Shell Oil, he served 35 years with the company.

Reliant Resources will have a total of seven members on its Board of Directors, six of whom are non-employee directors.

Reliant also announced today that it will be cutting 650 jobs in an effort to reduce operating costs. 250 active jobs will be lost, 300 temporary and contract jobs will go, and 100 open positions will not be filled.

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