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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

Progress Buys Two Georgia Projects from LG&E

LCG, Nov. 6, 2001--A subsidiary of Progress Energy inc. said yesterday it has agreed to purchase from LG&E Energy Corp. two power plants in Georgia with a combined capacity of 1,182 megawatts.

Progress Ventures Inc. said it would pay $345 million for the two plants, the Monroe project in Monroe, Ga. which is a 496 megawatt natural gas-fired plant placed in service in June and the Tiger Creek project in Washington County, Ga., a planned 686 megawatt natural gas-fired plant expected to be operational by June 2003.

"This is an outstanding opportunity for Progress Ventures to execute on our generation expansion strategy in the Southeast," said Tom Kilgore, president, Progress Ventures. "Our existing generation adjacent to this Monroe facility and our expansion plans under way in Effingham County, Georgia provide synergy opportunities and give us a greater ability to create value from these plants."

The transaction includes a power-purchase agreement with LG&E Marketing for both projects through Dec. 31, 2004. In addition, there is a project-management-completion agreement with LG&E to facilitate buildout of the Tiger Creek project.

The deal is subject to approval by the Federal Energy Regulatory Commission and other regulatory agencies. The companies expect the transaction to be completed by early next year.

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