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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

NTE Energy Moves Towards Construction of 475-MW Combined Cycle Plant in North Carolina

LCG, March 17, 2016--Gemma Power Systems, LLC (GPS) announced Monday that it has received full Notice to Proceed (NTP) to begin activities under an Engineering, Procurement and Construction (EPC) services contract with NTE Carolinas LLC, an affiliate of NTE Energy, to construct a 475-MW natural gas-fired power plant in Kings Mountain, North Carolina. The plant is scheduled to be commercially online in the latter half of 2018.

The Kings Mountain Energy Center will be a combined cycle electric generating facility comprised of a Mitsubishi Hitachi Power Systems Americas (MHPSA) M501GAC combustion turbine generator, a Vogt Power International supplementary-fired heat recovery steam generator (HRSG) and a Toshiba America Energy Systems steam turbine generator.

Last October NTE awarded to GPS a sister project, the Middletown Energy Center in Ohio, that will employ the same MHPSA M501GAC turbine. The Middletown project is scheduled for completion early in the second quarter of 2018.

The M501GAC turbines are manufactured at MHPSA's Savannah Machinery Works in Georgia. The manufacturing facility started operations in 2010 and shipped its first gas turbine in October, 2012.

It was also recently announced that NTE closed on $387 million in credit and $218 million in equity commitments to build and operate the Kings Mountain Energy Facility.

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