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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

Reliant Resources Chief Executive Departs

LCG, Apr. 14, 2003--The executive responsible for the transition of Reliant Energy into the era of deregulation and the direction of merchant developer and energy trading spin-off Reliant Resources, Steve Letbetter, has resigned from his positions as chief executive and chairman, the company announced late on Sunday.

Reliant Resources, in discussions with banks in March, managed to make a deal for $6.2 billion worth of financing, and stave off a possible bankruptcy filing. The deregulated company has experienced troubles connected with false reporting of energy trades, and has been the subject of investigations into its trading. While Reliant Resources takes steps to name a new chairman, board member Joel Staff will serve as chairman and chief executive for the duration of the search.

Reliant disclosed in 2002 that its revenues had been inflated by round-trip trades, and last year revised revenues for three years, for a total reduction of approximately $8 billion. Letbetter will receive a severance package, and called his experience with the company "an outstanding opportunity and a great experience" in a written statement.

Letbetter became the chief executive of Reliant Energy, itself the successor to Houston Lighting & Power Co., in June 1999, and later in the same year became chairman as well. The next year, Reliant Energy, now operating as CenterPoint Energy in regulated markets, created Reliant Resources within the company for merchant activities and trading. The complete separation of Reliant Resources from Reliant Energy parent took place in September 2002.
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