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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

Quandary over Unfinished Enron Plant in India

LCG, July 16, 2002-Indian lenders are considering seizing the unfinished 2,184 MW Dabhol plant, although many claim the move would be disastrous.

The $2.9 billion Dabhol plant is Enron's most valuable still unfinished asset and was scheduled to be finished in May last year. It is located 90 miles south of Bombay on the Arabian Sea.

740 MW began operations in 1999, but Enron stopped construction before the second 1,444 MW stage was completed because the Maharashtra State Electricity Board, the domestic electricity distribution monopoly, was late in $240 million worth of payments. Seven months later Enron collapsed.

Some 30 financial bodies lent $1.9 billion to the project, and domestic lenders are interested in obtaining court approval to seize the plant in order to sell it and recover losses.

Foreign officials call the idea disastrous because Enron took blueprints and other operation-related documents, and anyone attempting to run the plant without such information would be unable to acquire insurance. Additionally the plant is in poor shape from "rusting away in the jungle" for a year, according to a Reuters interview.

Enron owns 65 percent of Dabhol Power Company, while American companies General Electric and Bechtel each own 10 percent. The project is insured for $220 million in political risk by Overseas Private Investment Corp., which also lent an additional $150 million to Dabhol.

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