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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

Alliant Energy to Install More Wind Farms in Iowa

LCG, April 19, 2018--Alliant Energy's Iowa utility subsidiary, Interstate Power and Light Company (IPL), received approval to increase its wind expansion program from the Iowa Utilities Board (IUB). Through this expansion, combined with existing wind farms and market purchases, the company expects wind to provide approximately one-third of its total electric generating capacity in Iowa by the end of 2020.

Alliant Energy received approval in 2016 to add up to 500 MW of wind energy, and the company requested a similar expansion from the IUB again in 2017. Alliant Energy estimates the combined projects would represent a $1.8 billion investment and add up to 1,000 MW of new wind generation in Iowa by 2020.

"Our wind energy initiatives help keep rates competitive, enhance our environmental stewardship and drive economic growth in our communities," said the president of IPL. "Wind energy is a major part of our transition to a clean energy future."

This spring, crews began construction on the first of several wind farms, starting with the 300-MW Upland Prairie Wind Farm, a project acquired from Apex Clean Energy last October. Later this year, construction is expected to start on the 170-MW English Farms Wind Farm, which was acquired from Tradewind Energy.

Alliant Energy filed an application for advance ratemaking principles on August 3, 2017. The company continues to review the written decision order from the IUB. The IUB order terms include: (i) the ratemaking principles apply to any new wind facility constructed as part of IPL's New Wind Project that qualifies for 100 percent of the federal Production Tax Credits, regardless of its location in Iowa, up to 500 MW; (ii) a cost cap of $1,780/kW, including allowance for funds used during construction (AFUDC) and transmission costs; and (iii) ILP is permitted to include in Iowa rates the actual cost of the wind project up to the cost cap without need to establish prudence, but required to establish the prudence of any cost in excess of the cost cap.
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