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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

Enron Barred from Trading on California Grid

LCG, Feb. 12, 2002--The California Independent System Operator yesterday prevented further trading by Enron Corp. through the market overseen by the grid manager, for posting less collateral than required and underreporting its trade volume.

"Enron cannot make payments based on speculation or guesses," Enron said in attempting to explain why it apparently underreported by up to $50 million how much power it bought and sold. The bankrupt company said that meter readings concerning service to retail customers and wholesale trade had been incorrect, based on errors by the company responsible.

A disagreement had arisen over the amount of collateral Enron should have provided the ISO, after Enron did not give specific trade volumes to the ISO. Enron does not in fact have retail customers of its own anymore, but ceded them to established utilities.
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