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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

Mirant to Buy Korean Power Firm, Build Plant

LCG, Dec. 5, 2001--Mirant Corp. of the U.S. said yesterday it plans to acquire Hyundai Energy Company Ltd. and build a 520 megawatt, combined-cycle power plant in southern Korea.

Mirant said the permits and land necessary for the development are already in place and the site has expansion potential for another 1,000 megawatts.

"Our entry into the Korean market marks another step in executing our Asian strategy and moves us closer to achieving our goal of 10,000 megawatts in Asia by 2005," said Rick Keuster, chief executive of Mirant's Asia business group. "As Korea continues its deregulation into the gas sector, we see opportunities to integrate the (Hyundai) project into our global LNG strategy."

The plant site is located in the Yulchon Industrial Complex, a 2,278-acre complex in Cholla province. Construction is expected to be begin in the latter half of next year, with simple cycle operations beginning in the third quarter of 2004. The plants output will be sold to Korea Electric Power Co.

"Korea is a fairly large market, with a growing demand for electricity (and) has all the right ingredients for a strong country-based business," Keuster said. "Through our announced initiatives, we broaden our regional presence, gain technical experience, and position ourselves for the future privatization of the Korean power sector."

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