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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

Utilities Get Different Results in Competitive Pennsylvania

LCG, Oct. 26, 2000--GPU Inc. this morning reported a greater decline in earnings than it had predicted, and blamed the "shortfall" on electric industry restructuring in Pennsylvania. The company said its net income for the third quarter was $104 million, or $0.86 per share, against $148 million, or $1.18 per share, for the same period last year.

GPU is doing something wrong.

On Wednesday, PPL Corp., whose first initial stands for "Pennsylvania," reported record quarterly earnings for the third time this year. That's three out of three and the company said the record earnings "can be directly attributed to the company's success in capitalizing on opportunities offered by thecompetitive energy marketplace."

PPL's third quarter 2000 earnings were $0.81 per share, 47 percent higher than similarly adjusted earnings of $0.55 per share reported a year ago.

William F. Hecht, PPL's chairman and chief executive, said "The most dramatic example of our success is in the electricity generation and marketing businesses. Our company achieved excellent operating performance at our generation facilities throughout 2000, and we optimized the value of this performance through our wholesale trading and marketing activities in energy and related commodities."

GPU take note.

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