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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

Gas Storage Facility Construction Announced

LCG, Apr. 22, 2004--A planned natural gas storage facility to be in a salt cavern will proceed towards construction, according to SGR Holdings, LLC's subsidiary SG Resources Mississippi, LLC (SGRM), following FERC and Fish and Wildlife Service approvals.

The facility, intended for Greene County, Mississippi, will provide firm and secondary firm storage at market rates. and have interconnects with Destin Pipeline Company, LLC, and Florida Gas Transmission Company (FGT) installations, among others. Mark Cook, a principal of SGRM, said "The Southern Pines Energy Center is ideally located to serve as a supply and storage market hub for seven major pipelines serving Florida and the southeastern and Mid-Atlantic United States." Cook commented the Center could enhance the infrastructure available to serve Florida, the Southeast and Mid-Atlantic.

SGR plans to be operating the storage site by late 2005, and complete the 12 billion cubic feet of capacity by 2006. It would permit withdrawals of as much as 1.2 Bcf each day, and injections of up to .6 billion cubic feet per day.
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