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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

Southern California Edison Nearly Debt-Free

LCG, Mar. 1, 2002--Southern California Edison today is expected to pay out about $5.5 billion, removing debt from the utility's books, and taking care of overdue bills from power suppliers large and small.

The payments would be made partly from $3.4 billion of available cash, and from $400 million collected from ratepayers in the last two months. The utility has been working to secure a loan from investment banks worth $1.6 billion, backed by Edison first mortgage bonds, which are secured by its assets.

In January 2001, Edison went into debt after failing to make payments to suppliers for deliveries in November and December of the year just past. If the payments expected today are carried out, Edison would still not be considered creditworthy. It expects to continue to make up for the difference between its collections from ratepayers and the prices at which it bought power through next year. As part of a settlement of a suit SCE brought against the California Public Utilities Commission last year, the state must maintain higher power rates at least until SCE has recovered the difference in full.

"Payment is contingent on closing the financing, but it is still our intent to make the payments tomorrow," Brian Bennet, vice president of external affairs for Edison International, the company's parent, said.
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