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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

Cogentrix Puts Itself Up for Sale

LCG, Oct. 26, 2001--Cogentrix Energy Inc., the privately-owned independent power producer, has dropped plans for a public offering of its stock and has instead hired investment banker Goldman Sachs & Co. to find a buyer, Reuters news agency reported yesterday.

With the nation's stock markets in the doldrums, Cogentrix has scrapped plans for an initial public offering and instead expects to realize between $1.5 billion and $2 billion in a direct sale to an energy company looking to broaden its base in independent power production.

Cogentrix, which earned $51.5 million on revenues of $551 million last year, owns outright or has partial ownership in 28 power plants in 14 U.S. states. Its total generation capacity is about 7,800 megawatts.

Because Cogentrix is privately owned, financial information about the company is not available through usual channels, but Reuters said documents detailing the company's financial position have been floating on Wall Street.

At least three energy companies -- Dominion Resources Inc., Dynegy Inc. and El Paso Corp. -- are said to have expressed interest in Cogentrix.

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