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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

World Bank Discusses Ugandan Hydroelectric Dam

LCG, June 5, 2002--The World Bank is considering giving a $250 million guarantee to AES Nile Power for the $550 million Bujagali Hydro Project, a 200 MW hydropower endeavor.

AES Nile Power intends to build the Bujagali Dam without financial assistance from the struggling Ugandan government.

U.S and Ugandan environmentalists assert that important information has been left out of the discussion of the project. While the building of the dam will not be paid for by Ugandans, the Power Purchase Agreement, which includes some $100 million in government payments to AES Nile annually, has not been given up for public debate in Uganda.

Additionally a confidential World Bank document is alleged to refer falsely to the dam as the cheapest source of power for Uganda, while the International Rivers Network asserts that the project is not economically viable for debt-ridden Uganda and that cheaper alternatives, such as geothermal, should also be discussed.

The World Bank's investigative body has given a report to the bank's executive board, outlining violations of internal policies regarding the Bujagali project.

According to AES Nile Power, approximately 3 percent of Ugandans have electricity, as opposed to 13 percent of those in Ghana.

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