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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

Lenders may buy Dabhol for $700 Million

LCG, Oct. 30, 2001-- Enron Corp. is in advanced stages of negotiations to sell its stake in Dabhol Power Co. at a 30 per cent discount to Indian financial institutions that hold the majority of the project's paper, the Economic Times reported this morning.

Enron chief executive Kenneth Lay has repeatedly refused to budge from his demand for $1 billion for the company's 65 percent interest in Dabhol, but the paper said talks were in progress over a sale for as little as $700 million.

The Economic Times said the Industrial Bank of India and other lenders are "close to finalizing" an agreement with Enron and could work out a deal within two weeks. Indian Prime Minister Atal Bihari Vajpayee will leave for the U.S. in the second week of November for meetings with President Bush.

The paper cited "sources close to the ongoing negotiations" as saying that the Indian government is eager that the financial institutions take over Dabhol quickly so that the Vajpayee can tell Bush during his visit that justice has been done with regard to the big U.S. energy company.

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