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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

CP&L to Call Itself 'Progress Energy'

LCG, Dec. 4, 2000--From now on, just call Carolina Power & Light Co.'s parent holding company "Progress Energy." CP&L Energy Inc. did not say in a news release this morning whether the new company name takes an "Inc." or a "Corp."

But it's a welcome departure from recent industry practice in that the new company name incorporates the word "Energy" and is in English.

The new holding company, created by CP&L Energy's acquisition of Florida Progress Corp., intends to put the "Progress" moniker on everything except Carolina Power & Light and Florida Power Corp., its two operating utilities. However, the company will gussy up the company trucks, bills and other things with a new red and gold trademark.

The company created by the merger of two big Southeast utilities is one of the top 10 U.S. generators of electricity, with more than 19,000 megawatts of total capacity. It serves about 2.8 million customers in the Carolinas and Florida and has over $7 billion in annual operating revenues.

"Progress Energy is built on the strength of two solid companies with long traditions of service toour customers and communities," said William Cavanaugh, chairman, president and chief executive. "Our financial strength and stability position the company to deliver reliable, reasonably priced energy to the communities we serve."

He added, "Our increased size and assets provide us with a platform for growth and the ability to compete in any business environment. Although we are structured for stability, we have no intention of standing still."

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