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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

MidAmerican Energy Proposes $1.9 Billion Investment in Iowa Wind Farms

LCG, May 10, 2013--MidAmerican Energy announced Tuesday its plans to add up to 656 new wind turbines, with a generating capacity of 1,050 MW, in Iowa by year-end 2015. If the proposed, $1.9 billion expansion is approved by the Iowa Utilities Board, MidAmerican Energy will own and operate approximately 3,335 MW of wind generation capacity in Iowa by year-end 2015.

MidAmerican currently owns and operates a wind portfolio in Iowa that represents a total investment of about $4 billion.

Greg Abel, chairman, president and CEO of MidAmerican Energy Holdings Company
"the parent company of MidAmerican Energy" thanked Iowa's congressional delegation for their strong support of the production tax credit (PTC) extension. "Iowa's congressional delegation created the opportunity for this investment through their support at the federal level and continued an environment that makes this type of investment possible."

With the recent federal PTC extension, MidAmerican Energy is now requesting to expand its wind generation capacity to build its renewables portfolio. Bill Fehrman, president and CEO of MidAmerican Energy, stated "The proposed wind expansion will not only add to MidAmerican Energy?s and Iowa?s position as a national leader in wind generation capacity, it will help reduce future rates to our customers by as much as $10 million per year and further enhance our corporate principle of environmental respect by reducing our carbon footprint by 10.3 percent."
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