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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

CPUC Won't Deal with Bond Issue Today

LCG, Sept. 20, 2001--The California Public Utilities Commission was scheduled to act today on eliminating the electricity customer's option to choose his own supplier but said it would not deal with the way the state's Department of Water Resources services and repays debt incurred by the pending $12.5 billion bond issue.

Tabling the bond issue deliberations further imperils the state's ability to bring the issue to market by October 31, a deadline set by state Treasurer Phil Angelides.

CPUC Commissioner Jeff Brown said at a news conference yesterday that it could take up to 45 days to decide on the water agency's "revenue requirement," the amount of money the CDWR would need to take off the top of electric customer payments to pay interest and principal on the bonds.

Also interested in the water agency's revenue requirement is bankrupt utility Pacific Gas & Electric Co., which has vowed to go to court if it feels that its customers are asked to bear a disproportionately large share of the bond debt.

Angelides has said that a long, drawn-out lawsuit could torpedo the bond issue, which is needed to repay the state's general fund for $11 billion on power already purchased and used and another $43 billion in long-term power purchase contracts that extend over -- and perhaps beyond -- the next decade.

Today, the CPUC is expected to reverse a provision of the California electric deregulation law that allows customers to purchase power from non-utility suppliers. State officials fear that keeping customer choice offers industrial customers a way to buy power from new suppliers and dodge paying for the emergency power supplies already purchased by the water agency.

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