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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

Delayed Connecticut Plant Goes into Operation

LCG, Feb. 13, 2004--A 272-megawatt generating unit in Milford, Connecticut, for which construction began in 1999, yesterday started commercial operation.

A lengthy delay in construction was initiated by the plant's former owner, El Paso Corp., in 2000 after a construction worker died. El Paso defaulted on loans subsequently, and banks took possession of the plant at the end of last year. The firm Competitive Power Ventures (CPV) was retained to finish construction, and to operate the plant.

A second, 231-megawatt unit is expected to be completed in a few months, CPV vice president Peter Podurgiel told Reuters. CPV is majority-owned by Warburg Pincus LLC, a New York-based private investment company.
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