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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

Bush Cabinet Members Had Early Warnings On Enron

LCG, Jan. 11, 2002--President Bush was informed yesterday of two phone calls to Cabinet members by Kenneth Lay, Enron chairman, to signal serious financial trouble within Enron, according to Ari Fleischer, the White House spokesman.

Enron representatives have said and a Federal Reserve spokesman confirmed that Lay also contacted Alan Greenspan at the Federal Reserve. The Enron officials said that the communications were meant to make known the possibility that Enron would need to file for bankruptcy.

One of the Cabinet members who received a call was Commerce Secretary Donald Evans. According to Evans, the chairman requested assistance with the company's debt rating. The other, Treasury Secretary Paul O'Neill, said he was not asked for anything. O'Neill received one call in October and another in November, the spokesman said.

Fleischer characterized the appeal in question as representing "a case where a contributor called up and asked for something but did not get it," referring to Enron corporate and individual political contributions to President Bush's political campaings. Attorney General John Ashcroft officially recused himself yesterday from investigation into the matter of Enron's financial meltdown, due to his having received assistance from Enron in his own senatorial campaign.

Arthur Andersen, which has served as Enron's accounting firm, revealed yesterday that it had destroyed what it called a "significant" volume of documents relevant to Enron. The documents were disposed of before a subpoena was received from the SEC, according to a company statement. The activity was characterized as possibly leading to disciplinary action within the firm for those involved.

President Bush recalled that his predecessor as Texas governor, Ann Richards, appointed Kenneth Lay head of the Governor's Business Council: "and I decided to leave him in place, just for the sake of continuity. And that's when I first got to know Ken and worked with Ken." Bush reiterated a desire that employees' retirement savings be protected from problems experienced by their corporate employer. Fleischer indicated that Bush had not been in contact with the Enron chairman since last spring.

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