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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

Stimulus Financing Approved for Montana-Alberta Tie Project

LCG, November 20, 2009--The Federal Energy Regulatory Commission (FERC) yesterday approved an agreement to support financing the construction of the Montana-Alberta Tie project, a proposed electric transmission line that will provide the first, direct link from Alberta to electricity markets in the United States.

The financing arrangement approved by the FERC utilizes the American Reinvestment and Recovery Act of 2009 (Recovery Act). The arrangement, which closed on October 27, provides for Western Area Power Administration (Western) to help finance construction of the project using a $161 million loan made available through the Recovery Act.

The international line will extend northward from an existing NorthWestern Energy (NWE) 230-kV switchyard at Great Falls, Montana to a new substation to be constructed northeast of Lethbridge, Alberta, Canada. The new line is expected to enhance the development of wind farms along its route. Approximately 130 miles of the 214-mile long transmission line will be built in the United States.

Under the arrangement, Western will have a one-twelfth ownership interest in the line, comprising approximately 18 miles of the line, and a conditional right to 50 MW of southbound capacity. The right to the 50 MW of capacity is subject to pre-existing arrangements for the southbound capacity with current interconnection customers.

Western's use or sale of its transmission rights is subject to its open access tariff, and any capacity not used or sold by Western will be released back to Montana-Alberta to be marketed under Montana-Alberta?s tariff, with Western getting 75 percent of the revenues.

The project sponsors, Montana Alberta Tie Ltd. (MATL) and MATL LLP, expect the merchant transmission project to commence commercial operation by the fourth quarter of 2010. According to the sponsors, all of the capacity on the project was purchased by wind generator developers pursuant to an open season process. MATL LLP has received requests for 180 MW of southbound transmission service from Invenergy Wind Montana LLC and for 120 MW of southbound transmission service from Wind Hunter, LLC, each with a term of approximately 30 years.

The Department of Energy (DOE) and the Office of Electricity Delivery and Energy Reliability published its Record of Decision to issue a Presidential Permit for the project in November 2008.
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