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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

Peco to Buy 49.9 Percent of Sithe, May Take All

LCG, Aug. 14, 2000--Peco Energy Co. said this morning that it had signed an agreement with French utilities and media conglomerate Vivendi to take a 49.9 percent stake in its Sithe North America electric power business for $682 million.

The sale by Vivendi comes about a year after the company said it would sell its 60 percent interest in Sithe, the balance of which is owned by the American companys management and Marubeni Corp. of Japan. Peco said it had options to purchase the remaining interests in Sithe over the next two to five years.

Sithe recently sold several of its power plants to Reliant Energy Inc. for $2.1 billion but still will add about 3,800 megawatts to Pecos generation portfolio. When Peco completes its merger with Unicom Corp., parent company of Chicagos Commonwealth Edison Co., the combined business will have around 46,000 megawatts of total capacity.

Vivendi said the sale would cut its debt by close to 4 billion euros ($3.6 billion U.S.) and produce capital gains of about 150 million euros ($135 million). The sale is expected to help the French company in its planned takeover of Seagrams of Canada.

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