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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

Allegheny Energy Unit Agrees to Revised CA Contract

LCG, June 10, 2003--Allegheny Energy Supply, a unit of Allegheny Energy, has reached an agreement with the California Department of Water Resources to sell power under contract at lower rates, while the agency dropped a lawsuit it had filed in January.

The volume of power to be purchased was revised downward, and the price for power in off-peak hours starting in 2004 was lowered. The new prices will bring the cost of the contract to approximately $3.4 billion, which by Gov. Gray Davis' calculations is $836 million less than it had been previously.

The price for power in the contract averages $59.83/MWh, whereas it had been $61/MWh. Allegheny, which has its headquarters in Hagerstown, Md., plans to sell the revised contract.
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