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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

Enron Creditors to Receive 16.6 Percent

LCG, September 18, 2003Enron Corporation has noted that its creditors can expect to get more of what they are owed.

Enron, currently splitting up its assets in bankruptcy court, has pointed out that the value of its assets has improved. Therefore, creditors can expect to recover closer to 16.6 to 19.5 percent recovery, wheras previous estimates were for 14.4 to 18.3 percent.

Creditors to the Enron parent company can expect 16.6 percent recovery, while creditors to Enron North America Corp. will probably get 19.5 percent.

Enron filed for bankruptcy protection in December 2001. The corporation will likely separate Cross-Country Energy, Prisma Energy International and Portland General Electric (PGE) from its bankruptcy proceedings and is hoping to keep PGE in one piece.

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