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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

Enron Gas Trader Gets Prison Sentence for '98 Misdeed

LCG, August 19, 2002-An ex-Enron employee was sentenced to over 3 years in prison for misdirecting gas revenue.

Steven Gary Todoroff, a former director of marketing and trading at Enron Corp.'s EOTT Energy Corp., arranged an exchange of 100,000 barrels of butane between EOTT and Petrogas Inc in December of 1998.

The 100,000 barrels of butane in question were then redirected to a company that Todoroff owned, and the barrels sold for nearly $1 million. Todoroff deposited the subsequent money into a personal account.

Replacement barrels then had to be bought by EOTT at a cost of $3 million to meet the contract with Petrogas in 2000.

Todoroff pleaded guilty in May. Last Friday U.S. District Judge Sim Lake sentenced the 47-year-old to more than three years in prison in addition to ordering Todoroff to refund the $3 million to EOTT.

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