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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

Xcel Energy Requests Approval for 600-MW Wind Project in Colorad

LCG, May 18, 2016--Xcel Energy filed an application with the Colorado Public Utilities Commission (CPUC) for approval of a $1 billion investment in the Rush Creek Wind Project,located in eastern Colorado. The 600-MW project, which includes installing a 90-mile, 345 kV electric transmission line, is now under development by Invenergy Wind Development North America. Xcel is requesting (i) approval to purchase the project, (ii) a Certificate of Public Convenience and Necessity (CPCN) for the wind farm and associated transmission facilities, and (iii) approval to seek cost recovery.

The Rush Creek Wind Project would be the largest wind farm in Colorado. Invenergy would act as engineering, procurement, and construction (EPC) contractor, and Vestas Wind Systems would manufacture the project's 300, 2-MW turbines at its facilities in Colorado. The project is scheduled to commence operations by November 2018.

Xcel Energy Colorado's President stated, "With the full $23/MWh PTC, wind produces energy at below the cost of a combined cycle turbine with the forward gas curve we see. That is in-the-money. Whether it is a power purchase agreement or a utility-owned wind project, it will have a much more stable and predictable cost of energy than fuels like natural gas that have been more volatile in price."
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