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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

Reliant in 4-year Power Supply Deal with Co-ops

LCG, Oct. 13, 2000--Reliant Energy Inc. said in a news release yesterday that an unregulated subsidiary has signed a four year contract worth more than $300 million to supply electricity to five distribution cooperatives in Northeast Texas.

Under the contract, Reliant Energy Wholesale Group will begin next May to supply power to Rayburn Country Electric Cooperative, which is headquartered in Rockwall, Texas, just east of Dallas. John Kirkland, a spokesman for the co-op, said Reliant would replace Constellation Energy Group Inc. as supplier.

The Rayburn Country co-op will in turn resell the electricity and services to its five members, distribution co-ops serving more than 120,000 customers in 16 small Texas counties. The local cooperatives are Fannin County Electric Cooperative, FEC Electric Cooperative, Grayson-Collin Electric Cooperative, Lamar County Electric Cooperative, and Trinity Valley Electric Cooperative.

Joe Bob Perkins, president and chief operating officer of the Reliant unit, said "This is a customized, 'full-requirements' package, which includes providing Rayburn more than 450megawatts of firm power, ancillary, and energy services including risk-management products."

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