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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

Babcock & Brown Ready to Proceed with Trans Bay Cable

LCG, August 17, 2007--Babcock & Brown announced yesterday that it received approval from the San Francisco Bay Conservation and Development Commission (BCDC) for its proposed Trans Bay Cable, a $450 million electric transmission project designed to improve grid reliability and service to San Francisco.

The proposed high voltage direct current (HVDC) cable will extend 53 miles from Pittsburg southwest to San Francisco via an underwater route in the San Francisco Bay and will be capable of delivering up to 400 MW into San Francisco. The City of San Francisco is otherwise dependent upon transmission lines extending up the San Francisco Peninsula from the south.

In September 2005, the Board of Governors of the California Independent System Operator (ISO) selected the project over other alternatives. With the approval from the BCDC, Babcock & Brown stated that the project is now scheduled to commence operations in 2010.

Babcock & Brown's partner in the project is the City of Pittsburg, which will own, operate and maintain the facilities.
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