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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

KCP&L's Cost Estimate for New Coal Unit Rises

LCG, May 9, 2008--Kansas City Power & Light (KCP&L) yesterday released a new, increased cost estimate for Iatan 2 of $1.82 - $1.92 billion, or about a 15 percent increase from the most recent estimates of December 2006. Prior to an increase in the design capacity, a "preliminary conceptual" estimate prepared in 2005 targeted the cost at $1.3 billion. Construction of the 850-MW, coal-fired unit located near Weston is scheduled for completion in the summer of 2010.

KCP&L president Bill Downey stated, "I think this is as good and accurate of a forecast as can be put together....This is an industry under extreme pressure with regard to labor (and material) costs." When more of the project engineering is completed at the end of the year, a new cost estimate may be released.

The head of the Missouri Office of Public Counsel stated that the new cost estimate should not be accepted without careful review.

KCP&L, a wholly owned subsidiary of Great Plains Energy Inc., owns 70 percent of Iatan 1 and 55 percent of Iatan 2, which is co-owned with Aquila and Empire District Electric.
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