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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

Newsmakers

Four senior executives have been appointed by the AES Corporation to the position of Chief Operating Officer, under the leadership of Dennis Bakke, president and chief executive officer. The four men, who will retain the title of Executive Vice President, are Paul Hanrahan (Growth Distribution), John Ruggirello (Contract Generation), J. Stuart Ryan (Competitive Supply), and Barry Sharp (Large Utilities). Each will have regional responsibilities. Three former vice presidents of AES Corp. have been promoted to senior vice president: William Luraschi, General Counsel; Shahzad Qasim, AES Oasis Group Manager, and Sarah Slusser, AES Aurora Group Manager.

James H. Oglesby has been promoted to president and chief operating officer of the Southern Union Company's Missouri Gas Energy (MGE) division. Oglesby, who joined MGE in 1968, was made the chief operating officer of the division in September.

New positions in risk management have been created by American Electric Power. The company has named Scott N. Smith senior vice president and chief risk officer; Stephan T. Haynes vice president - market risk oversight; Frank Hilton vice president and chief credit officer; and Douglas W. Payne, managing director - risk and insurance management.

CH Energy Group has appointed Stephen V. Lant Chief Operating Officer and elected him to the corporation's board of directors. CH Energy Group is the corporate parent of the utility subsidiary Central Hudson Gas & Electric Corporation and the the non-regulated divisions Central Hudson Energy Services.

Premcor Inc. has announced the appointment of Thomas D. O'Malley to the positions of chairman, chief executive officer, and president. O'Malley joined Premcor from Tosco Corporation, where he served as chairman and chief executive officer. He most recently served as vice chairman and a director of Phillips Petroleum when Tosco was acquired in September 2001 by Phillips Petroleum.

William Bowers has been appointed vice president of Environmental Affairs at Alabama Power. Bowers was most recently general manager of environmental affairs at Alabama Power, having joined Alabama Power in 1971.

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