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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

Sale of Brazil Utility Copel Delayed

LCG, Oct. 31, 2001--The government of the state of Parana in Brazil yesterday postponed today's privatization sale of 88.64 percent of its Companhia Paranense de Energia (Copel) because none of the qualified bidders had deposited financial guarantees.

The Parana state government said in a news release that a new sale date would be established as soon as legal conditions are met and a state official said that could be as soon as November 12. In its statement, Parana said the new deadline for financial guarantees would be November 6.

Not everyone saw the delay as a bad thing. "There is more time now for companies to unite in consortiums," said Andre Segadilha, a Brazilian electricity sector analyst. The postponement will also give the state of Parana time to deal with two court injunctions blocking the sale.

One company -- Brazilian mining giant Vale do Rio Doce -- said it would drop out of a consortium with the industrial firm Votorantim, but it was unknown whether the latter would proceed alone or try to find another partner.

Belgium's Tractebel remains the leading bidder for Copel.

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