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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

Entergy Announces Possible Price and Volume Misreport

LCG, August 12, 2003Today the Entergy Corporation said that some of its employees may have inadvertently submitted incorrect price and volume data to industry publications.

Entergy said that prices might have been presented incorrectly, but the company had not found that employees tried to intentionally manipulate indices.

The corporation was ordered to give gas and electricity trading data to the Securities and Exchange Commission this April. Entergys records are still under review.

Today an Entergy spokeswoman also announced that the company plans to lay off roughly seven percent of its employees, or 1,000 people, in order to focus on the nuclear operations. Entergy hopes to eliminate the jobs by the end of the year through voluntary severance packages.

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