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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

Alliant Energy to Proceed with 500-MW New Wind Project

LCG, October 28, 2016--Alliant Energy's Iowa-based subsidiary Interstate Power & Light (IPL) announced yesterday that it will proceed with the New Wind Project, which will add up to 500 MW of new wind generation in Iowa. Construction may commence as early as next year. Alliant Energy expects that 250 MW of wind farm electric generating capacity will commence operations in 2019, with the remainder delivering power to the grid in 2020.

The Iowa Utilities Board (IUB) issued a final order regarding the New Wind Project on October 25 that approves, with limited modifications, the settlement between Alliant Energy and customer groups that was filed on October 12, 2016.

"The New Wind Project will benefit our customers, our communities and the state," said the president of IPL. "The wind turbines will generate clean, cost-effective energy for customers. They also create tax revenue for communities, and bring construction jobs and economic growth to the state, making this a win-win project."

Alliant Energy is currently evaluating sites near its existing Whispering Willow Wind Farm and other areas of the state.

In announcements last August, Alliant's CEO stated that the timing of the project is designed to take advantage of the federal wind energy production tax credit (PTC). Similarly, MidAmerican Energy set forth and received approval from the IUB last summer for its plans to construct in Iowa the Wind XI project, with a design capacity of 2,000 MW and an estimated cost of $3.6 billion. Like Alliant's project, the MidAmerican Energy project schedule is driven to maximize the federal PTC, which is set to decline in value by 20 percent by year, beginning in 2017.
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