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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

Bear Sterns to Acquire Interests in AEP Plants

LCG, Mar. 10, 2004--An agreement has been reached by American Electric Power and indirect subsidiaries of The Bear Stearns Companies Inc. that partial interests in four independent power plants will be sold by AEP for $156 million overall.

According to AEP's chairman, president and chief executive officer, Michael G. Morris, the plants are not part of the company's "core utilities" and do not represent an important part of its geographic strategy. Before the deal can be completed, it will require approval from partners and lenders as well as regulatory review.

The plants, all of which are gas-fired combined-cycle cogeneration facilities, include the 68-megawatt Brush II in Brush, Colo.; Thermo, a 272-megawatt plant in Ft. Lupton, Colo; Mulberry, a 120-megawatt plant in Bartow, Fla; and Orange, a 103-megawatt plant in Bartlow, Fla. AEP came to retain partial interests of between 40 and 50 per cent in each of the plants, which are qualifying facilities, when it merged with Central and South West Corp.

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