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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

PG&E Corporation Unit Slated for Bankruptcy Filing

LCG, May 14, 2003-National Energy Group, a subsidiary of the Pacific Gas & Electric Corporation, may enter Chapter 11.

On Tuesday PG&E Corporation noted its plans to file for bankruptcy for its electricity generation and trading unit. The Corporation also intends to omit National Energy Group from its earning projections may even surrender ownership.

PG&E Corp. already has one unit in bankruptcy court, PG&E utility, which serves customers in Northern California. The utility is well on its way to recovery and only faces obstacles as to which bankruptcy plan it will be permitted to execute.

National Energy Group, however, is one of the energy trade's most doomed companies, suffering from low energy prices after the high prices of 2000 and 2001. The company reported a net loss of $261 million for the first quarter, as opposed to a net income of $37 million for last year's first quarter.

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