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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

Construction Begins on 500 MW NYC Plant

LCG, Apr. 19, 2004--Construction of a new 500-megawatt power plant will begin immediately, according to Astoria Energy, an investor group that is undertaking the gas-fired, combined-cycle project in New York City.

The plant will be the largest constructed in the city for the past 25 years, and is expected to be completed by April 2006. The 500 megawatts of capacity is only the first phase of an approved 1,000-megawatt facility. In addition to running on natural gas, the plant will be permitted to switch to fuel oil for as many as 720 hours per year (equivalent to 30 days).

Output of the plant was secured under a 10-year contract signed by the owners with a subsidiary of Consolidated Edison Inc. that provides power and gas to the city.
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