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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

PNM Asks Court to Rule on Western Resources Merger

LCG, Oct. 15, 2001--Public Service Co. of New Mexico asked a New York court on Friday to either rewrite the terms of its takeover of two Kansas utilities from Western Resources Inc., or to call a halt to the pending transaction.

Western Resources and PNM announced the $4 billion deal last November, in an arrangement that would required Western to separate its electric utilities from the parent company and spin off its other businesses to shareholders.

But the Kansas Corporation Commission in July of this year Rejected Western's request for an electric rate increase and blocked the company's reorganization plan. That, according to PNM, changed the terms of its agreement with Western.

Western, though, is still trying to push through the deal with PNM, despite the New Mexico utility's claim that the deal is now much different that the one it agreed to. PNM has now taken the matter to the Supreme Court of New York, where both companies agreed to take any disputes.

"Although we take this step reluctantly, we believe we have no choice," said Jeff Sterba, PNM chief executive. "Western has demanded that we seek KCC approval of the original transaction, even though it contains a provision that has now been ruled unlawful by the KCC. We believe it would be futile for us to make such a filing."

Sterba added "We believe the current agreement must be restructured, so that it can be approved by the KCC."

PNM is a combined electric and gas utility serving about 800,000 million customers in New Mexico. Western provides electricity to about 636,000 customers in Kansas.

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