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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

Calpine to Acquire 1,050-MW Power Plant in Texas

LCG, December 3, 2013--Calpine Corporation announced yesterday that it agreed to purchase a 1,050-MW, combined-cycle power plant for $625 million, exclusive of adjustments relating to development rights and working capital, from MinnTex Power Holdings, LLC, a portfolio company owned by a private investment fund managed by Wayzata Investment Partners LLC. The natural gas-fired electric generating facility is located approximately 30 miles northeast of San Antonio, Texas.

The Guadalupe facility is located on a 110-acre site and includes two 525-MW generation blocks. Each block includes two GE 7FA combustion turbines, two heat recovery steam generators (HRSGs), and one GE steam turbine. The acquisition includes rights to an advanced development opportunity for an approximately 400 MW quick-start, natural gas-fired peaking facilities.

Calpine's Chief Executive Officer stated, "Guadalupe is an exceptional plant with an outstanding performance record that meets Calpine's high standards for operational excellence. We strongly believe in the potential of the Texas market as electric demand increases and reserve margins tighten. Acquiring this modern, flexible and efficient plant in ERCOT's south zone at a discount to replacement cost furthers our strategic objectives in this key market. The Guadalupe acquisition exemplifies our commitment to making disciplined capital allocation decisions that will enhance shareholder value."

Calpine is targeting a transaction close in the first quarter of 2014.

The facility was a 50-50 joint venture between Panda Energy International and PSEG Americas, and the EPC was Duke/Fluor Daniel. The project commenced operations in 2001. MinnTex Power Holdings acquired the facility on March 4, 2011 for approximately $351 million.
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