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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

Enron's Interim Chief Executive Gets To Work

LCG, Jan. 30, 2002--The creditors committee taking part in Enron's bankruptcy proceedings and the company's board yesterday signaled their agreement that Stephen F. Cooper is best prepared to manage and improve Enron's troubled state.

Cooper was named by the board because of his prior experience with bankruptcies at Federated Department Stores and Trans World Airlines. He is a managing partner with a firm, Zolfo Cooper, that advises ailing companies. The board also named Jeffrey McMahon chief operating officer. McMahon was described by Sherron Watkins, who expressed serious concerns about Enron's accounting practices to former chairman Ken Lay, as an executive who was openly bothered by the company's conflicts of interest.

A statement issued by Cooper said, "our focus is on the future of Enron. Enron has real businesses with real value. We will work closely with the board of directors, management and the creditors committee to develop a reorganization plan to maximize value for the company's stakeholders."

It is not known whether Enron will be able to continue as a viable business that retains its operating units. Nonetheless, Sandra E. Mayerson, who is representing members of the creditors committee, told the New York Times, "he's a person who can get in there and see where the bodies are buried and see what things are need to calm the waters."
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