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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

Dynegy Gets Enron's Northern Natural Gas Pipeline

LCG, Jan. 4, 2002--Dynegy Inc. said in a news release issued late last night that Enron Corp. has agreed to turn over the Northern Natural Gas and will provide transition services until June 30.

Enron will have until June 30 the option to repurchase the pipeline from Dynegy.

Chuck Watson, Dynegy's chairman and chief executive, said "We acquired the pipeline under the terms originally agreed upon by the two companies, with the exception of the date extension."

In November, when Enron was in its free-fall, Dynegy made an offer to purchase the dying giant for $8.4 billion. As pat of the deal, Dynegy paid Enron $1.5 billion for preferred stock convertible into ownership of the pipeline.

Dynegy said in its statement that the settlement over the pipeline doesn't affect the larger lawsuits, each company against the other, over the failed merger.

Northern Natural Gas is a 16,500-mile pipeline system running between Texas and the Midwest, providing transportation and storage services for its customers as well as transportation between other interstate and intrastate pipelines in the Permian, Anadarko, Hugoton and Midwest areas.

" This action ensures continuity of quality service to the customers of Northern Natural Gas and stability for the outstanding employees who have run the pipeline carefully and safely over many years," said Stan Horton, chief executive of Enron Transportation Services Co.

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