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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

Enron Nears Deal to Sell Portland General Electric

LCG, Nov. 18, 2003--The public electric utility Portland General Electric (PGE) will be sold to Oregon Electric Utility Co., based upon a deal that has received approval from the board of directors of PGE owner Enron Corp. and the Official Unsecured Creditors' Committee.

The sale would be completed through a cash payment of $1.25 billion, and the assumption of about $1.1 billion worth of debt, according to Enron spokesman Mark Palmer. Oregon Electric Utility Co. is a newly created unit of Texas Pacific Group, a private-equity firm with experience in acquisitions of businesses having financial difficulties.

PGE would keep the same name, should the Oregon Public Utility Commission and federal agencies decide to approve the transaction.
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