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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

CPV Valley Energy Center Commences Commercial Operation in New York

LCG, October 3, 2018--Competitive Power Ventures (CPV) Monday announced that the 680-MW CPV Valley Energy Center in Wawayanda, New York has achieved commercial operation. The new, gas-fired electric generating facility uses the Siemens F-class gas turbine technology. The project was managed by Competitive Power Ventures, Inc., and it was constructed by a joint venture consisting of Skanska USA Civil Northeast, Inc., Burns & McDonnell Engineering Company, Inc. and ECCO III Enterprises, Inc.

CPV's CEO stated, "I'm proud to announce the commercial operation on natural gas of the CPV Valley Energy Center. After nearly 10 years of development and construction, we are providing significant value to the area and New York. This facility will enhance the reliability of the Lower Hudson Valley electric system, reduce annual electricity costs to New York consumers by a forecasted $700 million while reducing carbon emissions by an estimated 500,000 tons a year. We look forward to being an integral part of the community for decades to come."

CPV's Valley Energy Center is a combined cycle power plant that includes two Siemens SGT6-5000F gas turbines, one SST-5000 steam turbine, and three SGen-1000A generators. The gas turbines and generators were manufactured at Siemens' Charlotte Energy Hub, the global base for the company's 60 Hz power generating equipment.

Siemens will service the plant's major components and parts through a long-term contract, and handle outage services, program management, engineering support, and remote diagnostics and monitoring. As part of its long tradition of working with CPV, Siemens' Financial Services division supported this project, providing $80 million of the total $540 million construction / term loan.
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