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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

Peco, Unicom Combo Clears Final Hurdle

LCG, Oct. 20, 2000--The pending $7.8 billion merger between Peco Energy Co., the old Philadelphia Electric co., and Unicom Corp., parent holding company for Commonwealth Edison Co. of Chicago, has been approved by the Securities and Exchange Commission, the companies said yesterday in a joint release.

The combination will create one of the largest electricity companies in the United States, with 5 million electricity customers and annual revenues of more than $12 million. It will also create the world's largest non-government generator of nuclear power, with about 20 percent of the U.S. nuclear generating capacity.

The companies said they would complete paperwork with their respective states today and the new company, Exelon Corp., would begin trading on the New York Stock Exchange on Monday.

Peco's Corbin A. McNeill Jr., who will be Exelon's chairman and, with ComEd's John W. Rowe, co-chief executive, said predictable that the deal was good for customers, employees and shareholders. "Customers will gain the benefits of our combined resources and best practices, employees will have greater opportunities for career growth and shareholders will be invested in an industry leader."

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