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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

Reliant to Spin Off Unregulated Businesses

LCG, Oct. 18, 2000--Reliant Energy Inc. said yesterday that its wholly owned subsidiary Reliant Resources Inc. has filed a registration statement with the Securities and Exchange Commission for the initial public offering of Reliant Resources common stock.

In the filing, Reliant said it expects to realize up to $1.3 billion in the public offering. The net proceeds will be used for general corporate purposes including the development of generating facilities, acquisitions and the repayment or refinancing of indebtedness, the company said.

Reliant Resources is the vehicle for the parent company's unregulated businesses, which include power plants and energy trading, marketing and risk management operations.

In notes along with the filing, Reliant Resources said "We intend to become a provider of retail electric services in Texas when the market opens to retail competition in Jan. 2002 and in other U.S. markets with favorable regulatory structures and profit opportunities thereafter."

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