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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

Avista Rate Agreement Reached in Washington State

LCG, Mar. 5, 2002--Effective today, an agreement has been reached between Industrial Customers of Northwest Utilities, the Public Counsel Section of the Washington Attorney General's Office, staff of the Washington Utilities and Transportation Commission (WUTC), and the Avista corporation.

Avista has been approved to recover ninety percent of deferred power costs, incurred over the second half of last year, amounting to about $196 million. These costs were found to be acquired prudently and therefore will cease to be refundable; Avista sustains a 25 percent surcharge to assuage operating costs.

Avista serves customers in four western states, including 210,000 in eastern Washington, from which it derives 67 percent of total electric revenues. Avista will write off $21.8 million of deferred expenditures that it cannot recover through customer rates, yielding a $0.30 non-cash charge per diluted share. This change brings Avista's 2001 consolidated earnings down to $0.20 per diluted share.

A five percent monthly bill increase will follow for all customers; This charge results in an additional $2.92 per month for customers using 1,000 kilowatt-hours, in a total charge of $55.81, which is still substantially below the national average.

Efforts to minimize the impact on customers include donating $50,000 to Project Share as well as extended payment programs and increasing awareness of pre-existing low-income programs.
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