News
LCG, July 16, 2025--Brookfield Asset Management (BAM), together with Brookfield Renewable (Brookfield) and Google yesterday announced a first-of-its-kind Hydro Framework Agreement (HFA) to deliver up to 3,000 MW of carbon-free hydroelectric capacity across the nation
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LCG, July 15, 2025--The Frontier Group of Companies (“FGC”), owner and developer of the 660-acre Shippingport Industrial Park in Pennsylvania, today announced that it will convert the former coal-fired Bruce Mansfield Power Plant, which was closed in 2019, into a significantly larger, state-of-the-art, natural gas-fired power generation facility with greater on-site generation capacity. FGC has also secured a partner to build a co-located data center facility to support America’s demand for AI infrastructure.
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Industry News
AES Boosts Ownership in Argentine Hydroelectric Plant
LCG, Jan. 4, 2001AES Corp. said yesterday that it had acquired an additional 39 percent ownership interest in a 1,000 megawatt hydroelectric facility in the Argentine province of Neuquen, bringing its total interest to 98 percent.Last August, the U.S. firm bought a 59 percent interest in Hydroelectrica Alicura from Southern Energy Inc., also of the U.S. Yesterday, AES said it had last week purchased additional interests of 19.5 percent each from the Argentine federal government and from the provincial government of Neuquen.AES said it paid a total of $9 million in the two transactions.Hydroelectrica Alicura consists of four 250 megawatt turbines. It is located in Argentina's Andes on the Limay River near Bariloche, on the border of Rio Negro province.
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