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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

Russian Aluminum Company Invests in 3,000 MW Plant

LCG, July 22, 2002-OAO Russian Aluminum, also called Rusal, and Russian state electricity company RAO Unified Energy System (UES) will work together to build a Siberian hydroelectric plant.

The Boguchanskaya hydroelectric plant will be built in Krasnoyarsk with a $10 million investment from the aluminum company, although Rusal's possible holdings in the project have not been disclosed. UES holds 80 percent of Boguchanskaya.

Aluminum smelting requires a lot of electricity, and energy-related costs are 30 percent of total production cost.

UES and its subsidiaries have been signing agreements with other industry giants, including oil companies OAO Yukos and OAO Sibneft.
UES assets are being separated into generation, transmission, and distribution bodies as part of large-scale electricity market reform in Russia.

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