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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

Ex-Enron Trader Expected to Admit Fraud

LCG, October 17, 2002-A former employee with the West Power Trading division of Enron is expected to plead guilty to charges of fraud, according to a Reuters source.

Timothy Belden worked in Portland, Oregon during the California energy crisis and has been charged with conspiring to commit fraud.

Reportedly, Belden will plead guilty today to one count of conspiracy to commit wire fraud, an offense which in this case is related to the manipulation of California's electricity market.

He is expected to plead guilty in exchange for leniency as he will help government officials to investigate higher-level Enron executives. While Belden's lawyer has publicly contended that her client is not an upper level executive and was not acting out of greed, Senate committee investigators are of the opinion that Belden played an integral role in Enron's market manipulation strategies.

Belden's case is being heard in U.S. District court in San Francisco at noon.

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