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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

Mirant Says It Has No Financing For Wisconsin Plant

LCG, July 9, 2002--A plant that was to be constructed in Portage County, Wisc., in April does not have the necessary financing, according to the developer, Mirant Corp.

"The tightening of the capital market for the merchant power sector still exists. In light of that, we are selectively moving forward on projects," David Payne, Mirant spokesman, said. Payne stated that the company would still proceed with permitting activity, even though the plant was not part of the current annual capital budget.

The plant, intended to be built in the town of Plover, was to include a combined-cycle plant of 590 megwatts, as well as four 83-megawatt combustion turbines.

Wisconsin Energy, along with independent power producers Mirant and the PG&E National Energy Group, are all interested in building plants as part of a plan to expand generating capacity within Wisconsin, Power the Future. Wisconsin Energy, which is a utility, is seeking approval from the Public Service Commission to install 2,800 megawatts of new capacity by 2011, at a cost of $3 billion. The independent producers have participated in regulatory hearings with the hope of being allowed to bid to build Power the Future plants.

While a spokesman for We Energies, a Wisconsin Energy subsidiary, expressed concern over whether projects such as the Plover plant are going to be built as promised, an attorney for Midwest Power Producers, Freddi Greenberg, said, "It's costing a lot of money to participate in this litigation at the PSC. People are not going to spend the kind of money that it takes to participate in a regulatory proceeding unless they are serious about entering the market." The independents contend that financing by lenders is contingent upon the companies' ability to secure market share, and that the amount of capacity to be built by Wisconsin Energy would affect lenders' view of the projects.
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