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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

India Says AES Could Take Over Enron's Dabhol

LCG, June 28, 2001India's federal power minister said this morning that there would be no objection raised if U.S. electricity company AES Corp. were to take over the Dabhol Power Co. in Maharashtra state from American energy giant Enron Corp.

Enron and lenders to the 2,184 megawatt Dabhol project have reached an impasse with the Indian federal government, Maharashtra state, the Maharashtra State Electricity Board and Maharashtra regulators over payment for power produced by Dabhol and sold under a six-year-old contract to the MSEB.

The 740 megawatt fist phase of Dabhol began commercial operations last year and the MSEB has repeatedly defaulted on payments for power, forcing Enron to exercise state and federal guarantees. Maharashtra has escalated the confrontation by saying it now wants to renege on its obligation to accept power from the 1,444 megawatt second phase, which is nearing completion.

Enron and its non-Indian lenders have authorized Dabhol to terminate its agreement with the MSEB and lay recovery of their investments before the International Court of Arbitration in London, a move that would further tarnish India's reputation as a safe haven for foreign investment.

Federal Power Minister Suresh Prabhu said this morning "If both parties agree we have no problem. We will encourage any investment in the power sector, so AES is welcome."

AES Corp.'s Indian subsidiary acknowledged it was interested in Dabhol but had neither made nor received a proposal. The company said in a statement that it "has a long-term view of the Indian power market and would consider getting involved with the Dabhol and other projects if an appropriate opportunity presents itself."

AES, which has been involved in the Indian power sector for nearly a decade, said in its statement "The commitment and willingness of parties to a contract to honor their commitments is an important consideration for our investment decision in any project."

Enron might point out that "commitment and willingness to honor contracts" is at the root of its problems with Maharashtra.

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