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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

Regulators Cut Nevada Power's Rate Plan in Half

LCG, April 2, 2002-Nevada Power has been denied its attempt to pull itself out of the red as regulators prevent the utility from establishing its $922 million rate increase.

The company had planned to recover $922 million by increasing rates, but Nevada Public Utility Commissioners were concerned that consumers would not be able to pay higher rates and also cited situations where Nevada Power could have avoided the debt it incurred.

According to the Las Vegas Review, Commissioners said there was evidence showing that Nevada Power had not taken offers for cheaper electricity at 3 cents a kilowatt-hour from Merril Lynch in December 2000.

Some officials fear that the Public Utilities Commission has still been too generous to the utility, and low and fixed-income customers might go without air-conditioning in the Nevada desert this summer.

The utility insists it was concerned most about providing power to customers during a power crisis. Analysts say that the utility has little choice beyond filing for bankruptcy in recovering the money it borrowed to buy power and fuel last year.

Nevada Power had received permission to raise rates in 2000 and in 2001, but this year the utility was allowed $437 million less than its requested $922 million rate increase.

The utility has not yet said whether it will file for bankruptcy, a move that will allow it more flexibility in arranging contracts.

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