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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

AEP Explores Sale of Unregulated Generation Assets

LCG, January 7, 2015--American Electric Power Company Inc. (AEP) has retained Goldman Sachs to explore the sale of AEP's unregulated generation assets. The apparent focus is on assets located in Ohio, where the generation portfolio totals nearly 8,000 MW of electric generating capacity, with an order of magnitude sale price greater than $3 billion. AEP's combined regulated and unregulated generation portfolio includes over 60 generating stations in the United States, with a capacity of nearly 38,000 MW.

AEP Generation Resources Inc., AEP's unregulated generation company, owns and/or operates a number of power plants operating within PJM (the regional transmission organization). AEP's unregulated plants in Ohio and Indiana include: all or portions of (i) three coal-fired facilities (Gavin Plant, Cardinal Plant (Unit 1) and the Conesville Plant (portion of Unit 4, and Units 5 and 6)) and (ii) two natural gas-fired plants (Waterford and the Darby Plant). AEP also has a non-operating interest in two coal-fired units, the Zimmer and Stuart Plants, plus an interest in the gas-fired Lawrenceburg Plant.

An AEP spokesperson stated, "No decision has been made about the future of those assets. There is no specific timeline for a decision."
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