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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

UtiliCorp Closes St. Joseph Deal, Quits on Empire District

LCG, Jan. 3, 2001UtiliCorp United Inc. said yesterday that it had completed its acquisition of St. Joseph Light & Power Co. Separately, the company announced it has terminated its agreement to acquire the Empire District Electric Co.

In a letter sent yesterday to Myron W. McKinney, Empire District president and chief executive officer, UtiliCorp President and Chief Operating Officer, Robert K. Green, pointed out that under the terms of the agreement, either company could terminate the deal if regulatory approvals of the merger were notobtained by December 31.

Arkansas has rejected the merger, Missouri has approved the merger but rejected the companies' regulatory plan in support of it, and Kansas has yet to take action.

"The significant remaining uncertainty of this lengthy regulatory process prevents any reasonableexpectation that the merger could ever be completed with balanced benefits accruing to Empire'scustomers and the shareholders of both companies," Green said.

Myron W. McKinney, Empire's chief executive, said his company was disappointed, but "will continue providing the quality services that our customers expect and deserve while providing a fair and reasonable return to our shareholders."

As to closing the St. Joe deal, Green said "The merger joins two of Missouri's most experience utilities, which have adjacent territories."

Under the terms of the merger agreement, St. Joe shareholders will receive .7933 shares ofUtiliCorp common stock for each share of St. Joe stock held as of December 29.

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