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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

El Paso Energy Partners, L.P. Becomes GulfTerra

LCG, May 1, 2003El Paso Energy Partners, L.P has decided to change its name and stock ticker.

El Paso Energy Partners was the third-largest master limited partnership in the country at the end of last year and is changing its name in an effort to distinguish itself from the El Paso Corporation, the large pipeline company which is an indirect partner. Although probably not its intended, the move will also distinguish the company from completely unrelated utility El Paso Electric.

No mention was made as to whether or not the name change came in response to El Paso Corporation'ss economic situation, which has resulted in the sale of several assets.

The name GulfTerra is intended to relate to the size and scope of the partnerships midstream operations, according to CEO Robert Phillips.

GulfTerras New York Stock Exchange Symbol will be GTM.
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