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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

Bear Sterns to Acquire Interests in AEP Plants

LCG, Mar. 10, 2004--An agreement has been reached by American Electric Power and indirect subsidiaries of The Bear Stearns Companies Inc. that partial interests in four independent power plants will be sold by AEP for $156 million overall.

According to AEP's chairman, president and chief executive officer, Michael G. Morris, the plants are not part of the company's "core utilities" and do not represent an important part of its geographic strategy. Before the deal can be completed, it will require approval from partners and lenders as well as regulatory review.

The plants, all of which are gas-fired combined-cycle cogeneration facilities, include the 68-megawatt Brush II in Brush, Colo.; Thermo, a 272-megawatt plant in Ft. Lupton, Colo; Mulberry, a 120-megawatt plant in Bartow, Fla; and Orange, a 103-megawatt plant in Bartlow, Fla. AEP came to retain partial interests of between 40 and 50 per cent in each of the plants, which are qualifying facilities, when it merged with Central and South West Corp.

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