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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

Lay Steps Down From CEO Post and Chairmanship of Enron

LCG, Jan. 24, 2002--Enron's chairman and CEO Ken Lay has left those positions, under pressure from a bankruptcy court-appointed creditors committee.

Lay will assist Enron's board of directors in selecting a restructuring specialist, who will be acting CEO until a formal replacement is found. In a statement, Lay said, "unfortunately, with the multiple inquiries and investigations that currently require much of my time, it is becoming increasingly difficult to concentrate fully on what is most important to Enron's stakeholders."

The 15-member creditors committee held strong doubts about Lay's effectiveness in seeing that creditors are repaid, in view of the series of sales of Enron stock Lay made in 2001 while the company's financial position was crumbling.

Hearings regarding Enron begin on Capital Hill today before a subcommittee of the House Energy and Commerce Committee ("The Destruction of Enron-Related Documents by Andersen Personnel"), and before the Senate Governmental Affairs Committee ("The Fall of Enron - How Could It Have Happened?").

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