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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

Nisource-Columbia Energy Deal Done

LCG, Nov. 2, 2000--Nisource Inc. said yesterday it has completed its $6 billion hostile takeover of Columbia Energy Group, saying the merger has created the largest U.S. natural gas distributor east of the Rocky Mountains, with wholesale and retail gas and electric operations.

The new company's stock will continue to trade on the New York Stock Exchange under the symbol "NI" but a couple of other financial page items will change. Columbia had been a part of Standard & Poor's 500 index and the Down Jones utility and 65-stock composite averages, while the smaller Nisource was not.

Typesetters will have to make the switch for those indexes, and Nisource will suddenly become a "large-cap" company.

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