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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

Private Transmission Project to New York City Stalls

LCG, Mar. 1, 2004--Doubt among lenders about the revenue that could be earned by a privately owned transmission line supplying power to New York City has resulted in the developer, Conjunction LLC, cancelling a planned auction of transmission access to utilities and merchant power developers.

Had investors been willing to lend a total of $500 million, they could have gained access to the proposed Empire Connection line at capped rates. Nevertheless, the fact that the transmission line would have had no guaranteed reimbursement of the construction costs was discouraging to entities wishing to minimize their exposure to project risk, according to the Wall Street Journal.

If completed, the line would allow imports of up to 2,000 megawatts of power. Based on projections by the New York City Energy Policy Task Force, 2,600 megawatts of additional capacity is need to supply the city by 2008, or else power outages may be seen.
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