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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

MidAmerican Energy's Wind XII Project Approved

LCG, December 6, 2018--The Iowa Utilities Board (IUB) on Tuesday approved MidAmerican Energy Company's proposed Wind XII project. With the approval, the company is poised to install up to 591 MW of new wind turbines to add to electric generating capacity in Iowa. The project is scheduled to be completed in 2021, and the estimated construction cost of the project is $922 million.

The order by the IUB states that MidAmerican has satisfied conditions in Iowa Code for advance ratemaking principles associated with the project. In the settlement agreement, the ratemaking principles approved establish a cost cap. The agreement includes an allowed return on the common equity portion of Wind XII that will be included in Iowa electric rate base at 11 percent.

MidAmerican filed its Wind XII request for advance ratemaking principles with the Board on May 30, 2018.
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