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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

Vermont Public Service Board Approves the New England Clean Power Link

LCG, January 7, 2016--The Vermont Public Service Board ("Board") on Tuesday issued a Certificate of Public Good to TDI New England (TDI-NE) for the proposed New England Clean Power Link (NECPL). The proposed electric transmission project will increase transmission capacity to enable power supplies in Canada to be delivered into Vermont and New England. Construction is scheduled to commence this year, given other regulatory approvals are received. TDI-NE plans to begin operations in the second quarter of 2019.

The Board authorized the installation and operation of a high-voltage direct current (HVDC) underwater and underground electric transmission line with a capacity of 1,000 MW, a converter station, and other associated facilities. The estimated cost of the project is $1.2 billion. The Board concluded that the project will result in significant economic, environmental, and electric benefits for the state of Vermont.

The HVDC cable will extend from the U.S.-Canadian border approximately 97 miles underwater down Lake Champlain to Benson, Vermont. The cable will then be buried along roads and railroad rights-of-way or on land owned by TDI-NE for approximately 57 miles to a converter station to be installed in Ludlow, Vermont.

Project proponents cited the need to replace power from the closed Vermont Yankee nuclear plant with renewable energy, the minimal aesthetic impacts of the project, increased tax revenues, and the responsiveness they experienced when interacting with representatives of TDI-NE.

The Board cited that ISO-NE estimates that up to 8,300 MW of non-gas-fired generation is "at risk" for retirement by 2020 in the form of 28 older oil and coal units. If all of these units retire, ISO-NE estimates that 6,300 MW of new or re-powered capacity will be needed in the region.

TDI-NE is owned by the Blackstone Group.
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