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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

CFTC Investigates Portland General Electric

LCG, June 25, 2002-The U.S. Commodity Futures Trading Commission has asked Oregon utility Portland General Electric Co. for electricity trading documents.

Portland General Electric is one of four companies that face threats from the Federal Energy Regulatory Commission to revoke their trading licenses. FERC contended that the utility did not provide sufficient information regarding its energy trading practices as ordered earlier this year.

PGE admits that four of its trades partially follow the "wash trade" pattern, as defined by FERC.

The utility also asserted that is complying with FERC and the CFTC and will send documents as requested.

PGE is a subsidiary of Enron and was bought by the corporation in 1997 in order to bring Enron into the Pacific Northwest electricity market. The utility serves 736,000 in Oregon.

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