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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

Settlements Said to Be Near on California DWR Contracts

LCG, Aug. 30, 2002--Of the energy suppliers now discussing revised terms for long-term power contracts signed by the Department of Water Resources, Sempra and another unspecified company are close to reaching settlements, according to Federal Energy Regulatory Commission administrative law Judge Curtis Wagner.

Lawyers for Sempra, Coral Power (a unit of Royal Dutch/Shell), PG&E Energy Trading and El Paso Corp. have agreed to another settlement conference in Washington late next month, while four or five companies have not settled either officially or in principle. Williams Cos. and GWF Energy, partly owned by PSEG Global, have said they plan to settle. Morgan Stanley and Allegheny Energy Inc. are not in renegotiation discussions.

Settlement talks will continue out of court, although in some cases, the beginning of adjudicated proceedings overseen by FERC may proceed along what Wagner has termed a "parallel track." This will imply simultaneous, informal talks. Disputes on contracts that are not resolved may be heard by another administrative judge on Dec. 2.
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