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Amazon Announces Plans to Invest $12 Billion in Data Center Campuses in Louisiana

LCG, February 23, 2026--Amazon today announced plans to invest $12 billion to develop and construct state-of-the-art data center campuses in northwest Louisiana that will support cloud computing technologies. Amazon is partnering with STACK Infrastructure, the developer and owner of the campuses, to lead the construction and development of the data center facilities. Amazon has already invested in solar energy projects in Louisiana, bringing up to 200 MW of new carbon-free energy onto the grid.

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EIA Estimates Record U.S. Electric Generating Capacity Additions in 2026, with Solar in the Lead

LCG, February 20, 2026--The EIA today issued an "in-brief analysis" that estimates U.S. power plant developers and operators plan to complete a record installation of 86 GW of new, utility-scale electric generating capacity that is connected to the U.S. power grid in 2026. Last year, 53 GW of new capacity was added to the grid, which was the largest capacity installation in a single year since 2002. Thus the estimate of 86 GW of new capacity in 2026 is a whopping 33 GW greater than the year prior. It should be noted that over 20 GW of the 86 GW of new capacity this year is estimated to be completed in December.

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Industry News

British Offshore Wind Project Announces Funding Agreement

LCG, June 8, 2012--Centrica Plc (CNA), Dong Energy A/S and Siemens AG (SIE) announced that they have completed a $660 million funding agreement for the 270-MW, Lincs off-shore wind project. The funding agreement is stated to be the first time banks have provided project finance to an off-shore, U.K. wind project that is under construction.

The banks providing non-recourse financing for the Lincs project include BNP Paribas SA, UniCredit SpA (UCG), HSBC Holdings Plc (HSBA), Nordea Bank AB (NDA), Lloyds TSB Bank Plc and Bank of Tokyo-Mitsubishi UFJ Ltd.

Centrica owns 50 percent of the project. Dong, a Danish utility, and Siemens Project Ventures GmbH each own 25 percent of the project. The total project cost is approximately $1,550 million, including about $390 million for the transmission link from the project to the shore.

Centrica is expected to receive 75 percent of the electricity generated and 50 percent of its Renewable Obligation Certificates, or ROCs, and Dong is expected to receive the remaining power output and 25 percent of the ROCs. The remaining 25 percent of ROCs will be sold to the market by the Lincs project company, Lincs Wind Farm Ltd.

The project is located about five miles off the east coast of England in the North Sea and is scheduled to commence commercial operations in the first half of 2013. The project includes 75 Siemens 3.6-MW turbines, which will be installed in approximately 32-50 feet of water. In April Centrica announced that 51 of the 75 foundations were complete. According to Centrica, the wind farm has a designed operational life of 20 years, after which the turbines can be decommissioned or new turbines installed for the rest of the 50-year lease.

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