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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

Georgia Power Ordered to Cut Rates by $118 Million

LCG, Dec. 21, 2001--The Georgia Public Service Commission said yesterday it has ordered Georgia power Co., a subsidiary of The Southern Co., to reduce its rates by $118 million per year for the next three years.

Georgia Power had earlier asked the commission for permission to raise its rates by $103 million a year for five years.

The commission said its decision is based on its own revenue forecast for the utility coupled with a return on equity of 12.50 percent. If Georgia power earns anywhere between 10 percent and 12.95 percent on equity, it may not ask for a new rate case, the regulators said.

If the company earns more than 12.95 percent on equity, it must share the extra with its customers -- two-thirds for ratepayers, one-third for the utility.

Georgia Power had sought to make the allowable return range from 11 percent to 13.50 percent.

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