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OG&E and Google Announce Contract for Three Data Centers in Oklahoma

LCG, April 30, 2026--OG&E, the operating subsidiary of OGE Energy Corp., announced today that it will power three new data centers that Google announced in Muskogee and Stillwater, Oklahoma last year. As part of the agreement, Google will also make power generation capacity available from two solar facilities in Stephens and Muskogee Counties that are currently under construction. The data centers and associated Electric Service Agreements are expected to provide economic growth for local communities and the state, contribute to grid stability, and benefit OG&E's current customers.

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Graphic Packaging and NextEra Energy Resources Sign 250-MW Virtual Power Purchase Agreement

LCG, April 29, 2026--Graphic Packaging Holding Company today announced a virtual power purchase agreement (VPPA) with NextEra Energy Resources, LLC. With the VPPA agreement, NextEra Energy Resources plans to build the Selenite Springs Energy Center, a 250-MW solar energy facility in West Texas, and Graphic Packaging will be the sole buyer of the facility's renewable energy attribute certificates. Graphic Packaging, a global provider of sustainable consumer packaging, expects the agreement to cover approximately 43 percent of its 2025 electricity usage in the U.S. and Canada. The agreement will advance Graphic Packaging's commitment to source renewable electricity and reduce its greenhouse gas (GHG) emissions.

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Industry News

Takeover Panel Ruling Favors U.S. Bidder for Hyder

LCG, Aug. 16, 2000--The British governments takeover panel yesterday threw out a petition by Nomura International that would have excluded an American-owned firm, Western Power Distribution Ltd., from bidding for the Welsh utility Hyder Plc.

Nomura sought to exclude Western Power on the basis that its bid had been received too late for consideration. The Japanese firm could raise the issue again if it challenges the takeover panels ruling in court.

Western Power, a joint venture between The Southern Co. and PPL Inc., had submitted a final offer of 3.65 ($5.48 U.S.) per share for Hyder in what had become a bidding war between it and Nomura.

In April, Hyder began looking around for a buyer and Nomura stepped forward with an offer of 2.60 ($3.90), which Hyders board recommended to shareholders. Western Power then came into the picture with an offer of 3.00 ($4.50), which Nomura quickly bumped to 3.20 ($4.80). Well see your raise and sweeten it to 3.40 ($5.10) said Western Power, and the Hyder board switched allegiances.

At that point, Nomura raised the stakes to 3.60 ($5.40) and people started asking where it would all end. Among them was the takeover panel and with government involvement the situation became less clear.

Elizabeth Warwick, a spokeswoman for Hyder, told the Associated Press "It all seemed to have descended into chaos from there on in."

It is no clearer today, except there are still two bidders instead of one as Nomura wanted.

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