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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

Arizona Judge Recommends Divestiture Delay

LCG, July 24, 2002-Arizona Corporation Commission Judge Lyn Farmer issued an opinion yesterday recommending delaying the transfer of Arizona utilities' assets to unregulated affiliate companies.

Judge Farmer wrote that the divestiture of assets should wait until at least July 1, 2004. The intervening time would be spent conducting electricity market studies in order to guide the Arizona Corporation Commission in setting mitigation measures preventing negative market impact from the divestiture. Farmer advised that Pinnacle West Capital Corp.'s Arizona Public Service Company and Unisource Energy Corp.'s Tucson Electric Power be required to do such studies.

Farmer's opinion made no mention of the interim divestiture planned by Pinnacle West Energy, which would involve the sale of a few, recently constructed energy assets to Arizona Public Service Company. Three commissioners support the plan, which is meant to assuage Pinnacle West's financial concerns.

Arizona is currently shifting to a competitive energy market, but in light of recent market manipulation practices, the Commission is likely to be more cautious in moving assets out of state hands.

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