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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 Neglected to Pay Any Income Tax 1996-1999

LCG, February 13, 2003-A Congressional report released today regarding the country's most infamous energy company revealed rampant tax code abuse.

Enron Corporation apparently paid no federal income taxes from 1996 through 1999 and only $325 million in federal income taxes between 1990 and 1995. The company also paid just $63 million in federal income tax from 2000 to 2001.

According to a statement by Democrat Senator Max Baucus of Montana, "Enron not only engaged in accounting gimmicks to boost stock prices, but Enron repeatedly abused the tax code."

Congress's tax law analysts, in the form of the Joint Committee on Taxation, released 2,700 pages regarding Enron's tax returns. The Internal Revenue Service has also examined Enron's tax returns from 1989 through 1995 but is still going through more recent returns.

No statement has yet been released as to how much Enron actually owes in taxes since the IRS is still examining paperwork and the bankruptcy court responsible for Enron's case needs to review any IRS claims.

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