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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

Lawmakers Consider Enron Role in California Crisis

LCG, Jan. 16, 2002--The California Senate Rules Committee may compel Enron Corp. officials and Arthur Andersen representatives to provide sworn testimony concerning documents dealing with last year's power market crisis.

The legislators on the committee realize that such documents may have been destroyed when Arthur Andersen Accounting received a subpoena from the Securities and Exchange Commission. The partner in charge of Enron audits, David Duncan, has been discharged by Arthur Andersen. The investigation Senate members are conducting into possible market manipulation during California's power crisis could be aided by some of the same documents.

Sen. Joe Dunn, D-Santa Ana, who chairs a special Senate task force on price manipulation, told the Sacramento Bee that Enron submitted 133,464 documents to the Rules Committee in response to subpoenas, after failing to comply for months. In September, it turned over documents with under a confidentiality agreement. Dunn told the Sacramento Bee the documents were "woefully inadequate" in satisfying the subpoena.

Dunn further said the "destruction of any documents that were under subpoena from this legislative committee is a violation of California law," and that if it had taken place, the committee would "take all necessary action that is available to us."

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