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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

SEC Will Decide on Off-balance sheet Disclosure Next Week

LCG, October 24, 2002-The U.S. Securities and Exchange Commission intends to decide on a rule limiting companies' undisclosed transactions by next week.

The SEC will vote next week Wednesday on whether or not to require companies to disclose risk which otherwise would remain hidden to investors. Such off-balance sheet transactions may have been used by corporations like Enron to hide debt.

Off-balance-sheet disclosure would mandate that companies submit detail lists of short- and long-term financial obligations to the SEC at regular intervals.

A favorable vote will see the new disclosure rule implemented no earlier than 30 days after Wednesday in order to allow for public input.

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