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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

Edison International Says FundsCan't be Raised for SoCal Ed

LCG, Aug. 1, 2001Edison International Inc. said yesterday in a conference call with unsecured creditors that if the state of California does not come through on its deal to purchase the transmission system of subsidiary Southern California Edison Co. the parent company will be unable to help its utility avoid bankruptcy.

Edison International doesn't have the money according to Ted Craver, its chief financial officer, and "The ability of the holding company to secure any additional debt I would say is nil."

California lawmaker are currently on vacation, and will not return to Sacramento until August 20, five days after an "inviolable" deadline agreed to by SoCal Ed and California Gov. Gray Davis when they negotiated the wires takeover earlier this year.

The so-called "rescue" package for SoCal Ed has had tough sledding in the legislature, with some lawmaker calling for Edison International to do some of the bailing out. But Craver said the parent had just been through an "extremely difficult refinancing process which was very expensive."

The major credit rating firms have dropped the debt of both parent and utility to the level of junk bonds, and Edison International was forced to pay 14 percent interest on a recent issue.

Craver criticized a bill approved in the state Senate that would provide state backing for $2.5 billion in bonds to be issued by SoCal Ed with $1.2 billion going to financial institutions and $1.3 billion to so-calledqualifying facilities.

"That is the one which is in our estimation unworkable from a standpoint of making us creditworthy,"he said.

Two measures in the state Assembly have yet to go to the floor of that chamber, but both deviate significantly from the deal struck between the governor and the utility.

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