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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

First Energy Sells Aussie GasNet via IPO

LCG, Dec. 14, 2001--First Energy Corp. said yesterday that it has completed the initial public offering of its GasNet subsidiary in Australia, which was acquired through the company's merger with the former GPU, Inc. which was completed last month.

First Energy said the sale will immediately reduce its consolidated debt by $290 million of GasNet-related debt. Additionally, $125 million of net proceeds from the sale will be used to reduce debt, primarily at First Energy's electric utility operating companies in the United States.

"The sale of GasNet supports First Energy's business strategy of continuing to divest non-core businesses, increasing our financial flexibility through the reduction of debt, and focusing on our integrated approach to meeting the energy needs of retail customers in our targeted operating region," said Richard H. Marsh, senior vice president and chief financial officer.

GasNet, which is headquartered in the Australian state of Victoria, owns and operates 1,200 miles of high-pressure gas transmission pipeline networks, which serve about 1.4 million residential customers and some 43,000 industrial and commercial users throughout Victoria.

GasNet chief executive Christine O'Reilly said, "We are delighted with the very strong support shown by both retail and institutional investors. We look forward to beginning this exciting new phase of the business and delivering value to our new unitholders."

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