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Oglethorpe Power Announces Selection of Kiewit Subsidiary as EPC Partner for New 1,425-MW Combined-cycle Facility in Georgia

LCG, January 13, 2026--Oglethorpe Power today announced it has selected Kiewit Corporation through its subsidiary, The Industrial Company (TIC), as the Engineering, Procurement and Construction (EPC) partner for its new combined-cycle (CC), natural gas-fired power plant in Monroe County, Georgia. The new, 1,425-MW facility represents a capital investment of more than $3 billion. Commercial operation of the new generation capacity is planned to commence in 2029.

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Meta Announces Up to 6.6 GW of Nuclear Projects to Power American AI

LCG, January 9, 2026--Meta today announced new, landmark agreements that will (i) extend and expand the operation of three existing nuclear power plants and (ii) drive the development of advanced nuclear technology. Meta's new agreements with Vistra, TerraPower, and Oklo follow Meta's request for proposals (RFP) issued last month. Meta expects these projects to deliver up to 6.6 GW of new and existing clean nuclear energy by 2035.

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Industry News

UtiliCorp Accused of Profiteering on Retail Gas

LCG, Dec. 7, 2000--Missouri regulators are investigating anonymous charges that UtiliCorp United Inc. made illegal profits on natural gas that it resells to 730,000 natural gas customers in five states, including Missouri.

An unsigned letter from a person claiming to be an employee of the utility charged that UtiliCorp's natural gas supply division, which purchases wholesale gas for resale to customers, was told it had to achieve an annual profit of about $10 million in a way that would not be detected by regulators.

As a regulated utility, UtiliCorp is prohibited from making a profit on retail gas unless an incentive system is in place for sharing profits with customers. No such program exists for UtiliCorp.

"I feel that these business practices are not appropriate and should be brought to your attention," the letter to the Missouri Public Service Commission said, noting that utilities in Missouri, Michigan, Minnesota, Iowa and Nebraska were affected by the practices.

The Missouri Public Service Commission found the allegations serious enough to justify an investigation. So did UtiliCorp, which is cooperating with investigators and conducting a probe of its own.

"While the allegations are anonymous and questionable, we nevertheless are taking them seriously," said George Minter, a UtiliCorp spokesman. The company said yesterday that it would not allow practices which were detrimental to ratepayers or against regulations. It expressed confidence that it will be found to have complied with regulations in spirit and to the letter.

Regulators is Iowa, Michigan and Minnesota have also opened investigations.

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