Positive Industry News and Events
Power
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in PowerConstellation, Meta Sign 20-Year Deal for Clean, Reliable Nuclear Energy in Illinois
CLINTON, IL – JUNE 3, 2025 – Constellation (Nasdaq: CEG) and Meta have signed a 20-year power purchase agreement (PPA) for the output of the Clinton Clean Energy Center to support Meta’s clean energy goals and operations in the region with 1,121 megawatts of emissions-free nuclear energy. Beginning in June of 2027, the agreement supports… More
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in PowerENGIE enters partnership with CBRE Investment Management for 2.4 GW portfolio of Battery Storage Assets in the U.S.
HOUSTON, May 15, 2025 /PRNewswire/ — ENGIE North America (ENGIE) announced that it has entered into a partnership with funds managed by CBRE Investment Management (CBRE IM) on a portfolio of battery storage assets in Texas and California. This transaction is one of ENGIE’s largest operating portfolio partnerships in the U.S. and one of the… More
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in Power$1.9B Acquisition: Vistra to Acquire Natural Gas Assets, Building on Industry-Leading Generation Portfolio to Better Serve Customers
Transaction includes approximately 2,600 megawatts of modern natural gas generation assets at an attractive price of approximately $743/kW of capacity. Acquisition is expected to deliver Ongoing Operations AFCFbG1 accretion in year one following closing. Reiterating previously communicated capital allocation plan, including long-term net leverage target of less than 3×2, the expected return of capital to… More
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in PowerDTE Energy reports first quarter accomplishments, investments and earnings
Continued significant investment to improve reliability and transition to cleaner generation; on track to invest $4.4 billion into our utilities in 2025 Began operations of Michigan’s largest battery energy storage system Boosted small businesses with energy efficiency upgrade grants Recognized as a Gallup Exceptional Workplace for 13th consecutive year DETROIT, May 1, 2025 — DTE… More
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in PowerEntergy Louisiana to power $4B, world’s largest low-carbon ammonia facility in Ascension
DONALDSONVILLE, La. – CF Industries Holdings, Inc., the world’s largest producer of ammonia and its partners have announced an approximately $4 billion final investment decision to establish a low-carbon ammonia facility. Upon completion, this new facility on the West Bank of Ascension Parish will be the largest facility of its kind in the world. The… More
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Homer City Redevelopment and Kiewit to Build Nation’s Largest Natural Gas-Powered Data Center Campus
Homer City Redevelopment (HCR) and Kiewit Power Constructors unveiled plans to transform Pennsylvania’s former Homer City Generating Station into the largest natural gas-powered data center campus in the U.S.. The redevelopment of the 3,200-acre site marks a significant shift from coal-fired power generation to a state-of-the-art energy and computing hub, designed to support the surging… More
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in PowerOklo Signs Interface Agreement with the Idaho National Laboratory and Advances Environmental Review for its First Commercial Powerhouse
SANTA CLARA, Calif.–(BUSINESS WIRE)– Oklo Inc. (NYSE: OKLO) (“Oklo”), an advanced nuclear technology company, announced significant milestones as part of its journey toward deploying its first commercial powerhouse in Idaho. Following the recent finalization of a Memorandum of Agreement (the “MoA”) with the U.S. Department of Energy (DOE), Oklo has also entered into an Interface… More
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in PowerNRG Energy, GE Vernova and Kiewit Accelerating New Generation Capacity to Support Demand Growth
HOUSTON–(BUSINESS WIRE)–Feb. 26, 2025–NRG Energy Inc. (NYSE:NRG) today joined GE Vernova, Inc. (NYSE: GEV) and TIC – The Industrial Company (TIC), a subsidiary of Kiewit Corporation (Kiewit) in announcing a new venture aimed at rapidly bringing new electricity generation capacity to market in response to growing demand for computing power and generative AI (GenAI). This… More
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in Power$560Million Acquisition: NRG to Acquire 738 MW of Natural Gas Generation in Texas
NRG Energy Inc. (NYSE:NRG) has entered into a definitive agreement to acquire six power generation facilities from Texas-based Rockland Capital, LLC, adding 738 Megawatts (MW) of modern, flexible natural gas-fired capacity to its portfolio. The acquisition includes one combined-cycle unit and five peaker units, further strengthening NRG’s position in the rapidly growing market. NRG is… More
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