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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

AES First Choice for Oman Private Power Plant

LCG, Nov. 13, 2000--AES Corp. has emerged as the preferred company from four-way bidding to build, own and operate a 400 megawatt private power plant in the Persian Gulf sultanate of Oman, a government official said yesterday.

If talks with AES fail to produce an agreement to build the plant, which is to include a 20 million per day water desalination plant, the government would talk to the second preferred bidder, Britain's International Power, recently created in the breakup of National Power.

Two other offers fell short in the bidding for the $455 million project. They were submitted by Oman's Al Hassan Engineering and a venture between Belgium's Tractebel and TotalFinaElf.

The official said talks with AES had already begun. "We will conclude the negotiations with AES this week and expect to award the contract next month," he said.

Once negotiations for the power-desalination plant are settled, bids will be invited for water and power transmission systems and a dispatch center. These "infrastructure" items are expected to cost between $100 million and $180 million.

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