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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

Ontario Utility Remains in Public Control

LCG, June 13, 2002--Ontario's Premier Ernie Eves yesterday stoped what was to be the largest initial public offering in Canadian history, saying that the sale of a minority stake in the province's utility Hydro One would still be considered.

Political and public opposition to the IPO had grown increasingly untenable for Eves and his Conservative government, with polls indicating 70% of the public being against privatization. The idea of privatizing Hydro One was first supported in December by now-retired Premier Mike Harris. A surprise ruling by the Ontario Superior Court in April found that there was no legal basis for such a sale. Wholesale electricity markets were deregulated in Ontario in May.

Eves maintained that he will still consider the privatization of up to 49 percent of the utility, saying "We still believe that there are ways to bring private-sector discipline to the corporation." Following the resignations of each of 12 board members last week after Eves announced an impending review of their salaries, the new board is made up of a broad spectrum of political leaders.
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