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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

Canadian Firms Buy Unfinished Bonneville Power Plant

LCG, Aug. 7, 2000--Two Canadian firms in a joint venture have purchased an unfinished 249 megawatt natural gas-fired power plant from the Bonneville Power Administration for $25.1 million and expect to renew construction before winter.

"We have not pushed the button on construction yet, but it will happen this fall," said Harvie Campbell, general manager of Westcoast power Inc. of Vancouver, British Columbia, which with Epcor Power Development Corp. of Edmonton, Alberta, bought the project from the U.S. federal power agency.

The facility is located in Frederickson, Wash., southeast of Tacoma. It will be completed in combined-cycle configuration and supply power directly to users on bilateral contracts as well as sell power in the wholesale power exchanges.

The joint venture, which calls itself Frederickson Power, said it will cost another $160 million to finish the plant, which has lain dormant since Bonneville acquired it from Tenaska Power Partners of Omaha, Neb., by accident.

Tenaska acquired the 16-acre Frederickson site from the Port of Tacoma in 1994 for $2.2 million and arranged a long-term agreement with Bonneville for the plants output. Less than a year after construction began, Bonneville tried to weasel out of the power purchase contract and wound up owning the unfinished plant after paying Tensaka and its banks $340 million in damages.

Subtracting the $25.1 million its getting for the facility, the taxpayer-owned utility is out $314.9 million without taking inflation into account. It is the worst financial bath Bonneville has taken since the mid-1970s when the Arab oil embargo scared it into an investment in the Washington Public Power Supply System nuclear power plant project.

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