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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

Enron's Skilling Had No Idea Collapse was Coming

LCG, Dec. 26, 2001--Jeff Skilling, the architect of Enron Corp.'s light-on-assets, heavy-on-paper trading strategy, said he had no idea he was leaving a company on the brink of failure when he abruptly quit as chief executive in August, after just six months in the top slot.

Skilling appeared Friday at the Washington D.C. offices of his lawyers, O'Melbeny & Myer, where he was interviewed by representatives of the Houston Chronicle, The New York Times and The Wall Street Journal.

Two months after Skilling left the company, Enron reported massive losses in its third quarter results, beginning one of the fastest nosedives in U.S. corporate history. Skilling said he offered to return without pay to help the company fight the spin-out but the idea was dropped because "the press might not understand and it would add to the confusion."

Skilling said he was stunned by Enron's collapse. "The last two months have been the worst two months of my life," he added.

"We're all trying to figure out what happened," Skilling said. "This is a tragedy. I had no idea the company was in anything but excellent shape."

Skilling said he was completely unaware that Chief Financial Officer Andrew Fastow had an equity stake in certain partnerships with which the company kept a half-billion dollars in debt off its balance sheet. Skilling said the partnerships, which were Fastow's idea, were created to cut down on risk for Enron and its shareholders and not to hide debt or manipulate earnings.

Skilling spoke earlier with SEC investigators, and has talked to staff members of the House Energy and Commerce Committee on Thursday. He declined to elaborate on those conversations.

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