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DOE Announces Site Selection for Energy Infrastructure and AI Data Centers on Federal Lands

LCG, July 24, 2025--The U.S. Department of Energy (DOE) today announced the next steps in the Trump administration’s plan to accelerate the development of AI infrastructure by using Federal lands to lower energy costs and help power the global AI race, as previously outlined in President Trump’s Executive Orders on Accelerating Federal Permitting of Data Center Infrastructure, Deploying Advanced Nuclear Reactor Technologies for National Security, and Unleashing American Energy.

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Enbridge Announces 600-MW Solar Project in Texas to Power Meta Data Center Operations

LCG, July 22, 2025--Enbridge Inc. (Enbridge) today announced that it has reached a final investment decision on the Clear Fork solar project located near San Antonio, Texas. Meta Platforms, Inc. (Meta), has signed a long-term contract for all of the renewable power generated from the 600-MW project.

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Industry News

Credit Problems Lead to Less Trading at Williams and Dynegy

LCG, July 25, 2002--The trading activity and existing positions of both Williams Cos Inc. and Dynegy Inc. are reportedly decreasing due to credit difficulties and less willngness on the part of other traders to engage with them, according to Reuters.

The finance director for Williams' European trading operations, Ray Poudrier, said, "We are still transacting but because of our credit status it is very limited; we are still in the spot market."

A trader in the West was quoted as saying that his own company, which was hesitant to extend credit to either of the companies, has also experienced reluctance by trading partners to extend credit. Another trader was quoted as saying, "A lot of what we're doing today is closing out a lot of deals with Dynegy and Williams. There's a lot of fear they're going the way of Enron. Not that they did anything wrong, but people are just losing faith in those companies."

Firms are reportedly trying to minimize any appearance of increased risk because of exposure to trading partners with poor credit ratings.
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