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DOE Announces Site Selection for Energy Infrastructure and AI Data Centers on Federal Lands

LCG, July 24, 2025--The U.S. Department of Energy (DOE) today announced the next steps in the Trump administration’s plan to accelerate the development of AI infrastructure by using Federal lands to lower energy costs and help power the global AI race, as previously outlined in President Trump’s Executive Orders on Accelerating Federal Permitting of Data Center Infrastructure, Deploying Advanced Nuclear Reactor Technologies for National Security, and Unleashing American Energy.

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Enbridge Announces 600-MW Solar Project in Texas to Power Meta Data Center Operations

LCG, July 22, 2025--Enbridge Inc. (Enbridge) today announced that it has reached a final investment decision on the Clear Fork solar project located near San Antonio, Texas. Meta Platforms, Inc. (Meta), has signed a long-term contract for all of the renewable power generated from the 600-MW project.

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Industry News

TransCanada Sells $775 Million in Midstream Assets

LCG, Aug. 4, 2000--TransCanada PipeLines Ltd. said yesterday it had found buyers for most of its remaining natural gas liquids and extraction, and natural gas gathering and processing midstream assets in western Canada and will realize about $1.15 billion ($775 million U.S.) from their sale.

"The proceeds from these sales are in line with our expectations and mark another significantmilestone in TransCanada's divestiture program," said Doug Baldwin, TransCanada president and chief executive. "These sales, combined with other previously-announced sales and agreements bring TransCanada 80 per cent of the way to its $3 billion target from the divestiture of non-core assets."

The company said it would sell four properties and its interests in two others to Williams Energy Canada Inc. for an undisclosed sum. That sale is expected to close this autumn, after regulatory and government approvals are received.

Last month, TransCanada closed the sale of its roughly 30 per cent interest in the East Crossfieldgas plant and associated petroleum and natural gas rights to Mobil Oil Canada Limited sold its interests in three natural gas processing plants to AltaGas Services Inc.

Since last December, TransCanada has sold or has agreements to sell approximately $2.4 billion ($1.6 billion U.S.) of assets. "This will contribute significantly to our primary objective of strengthening TransCanada's financial position," Baldwin said. "As we continue to finalize the sale of non-core assets, our debt load will be reduced, our financing costs will decrease and we expect efficiencies in corporate costs, which will contribute to improved earnings and cash flow."

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