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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

CPUC Approves $850 Million More In Power Bonds

LCG, August 13, 2002-Yesterday the California Public Utilities Commission approved an additional $850 million in bonds to recover funds lost in buying high-priced electricity during California's energy crisis.

The bonds, originally priced at $11.1 billion and now $11.95 billion, are intended to improve the debt's credit rating, which will in turn diminish interest payments on the debt.

Bonds will be paid down as part of monthly electric bills to utility customers, specifically the customers of Pacific Gas & Electric, Southern California Edison, and San Diego Gas & Electric.

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