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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

Mirant Adjusts Balance Sheet Downward

LCG, August 16, 2002--A series of mistakes caused Mirant's balance sheet to be overstated by $1.1 billion at the end of last year, the gas trader and merchant power developer announced.

Mirant did not provide details of the ways in which its assets and liabilities had been misstated, but said it does not anticipate that operating income, expenses, net income, liquidity or cash flow will be affected by the discovery. It certified its 2001 filings and first-quarter financial results with the Securities and Exchange Commission this week.

Previous mistakes in operating results amounting to $253 million were disclosed by the company two weeks ago. "We're hard at work resolving these remaining issues," Marce Fuller, Mirant's chief executive said in a statement. "These were honest mistakes."

Prior to the most recent disclosure, Mirant's assets and liabilities were equal to $22.8 billion.
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