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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

Luminant to Acquire Two Combined Cycle Power Plants in Texas from NextEra

LCG, November 30, 2015-Luminant and NextEra Energy Resources, LLC, announced Wednesday an agreement for Luminant to acquire two natural gas-fired power plants in Texas from NextEra. Luminant will purchase the Forney Energy Center and the Lamar Energy Center, both located in northeast Texas. The total generating capacity of the combined cycle facilities is 2,988 MW. The acquisition is expected to close next spring.

Luminant stated that the acquisition of these combined-cycle gas turbine power plants builds on an already diverse energy portfolio that includes coal, natural gas and nuclear power, as well as significant purchases of wind-generated electricity and a recently announced solar power purchase agreement. Luminant's Chief Executive Officer said, "These plants are strategic investments that enhance our asset portfolio while building on our existing operations in ERCOT."

NextEra Energy Resources' President and CEO stated, "This transaction enables us to further optimize our power generation assets and is consistent with our strategy of reducing our merchant exposure while recycling capital into our growing long-term contracted asset portfolio."

The Forney Energy Center is located in Forney, Texas and has an electric generating capacity of 1,912 MW. The facility includes two power generating blocks, each with three gas turbines and one steam turbine. The plant began commercial operations in 2003. The Lamar Energy Center is located in Paris, Texas and has a capacity of 1,076 MW, with a commercial operation date of 2000. The facility includes two power generating blocks, each with two gas turbines and one steam turbine. A NextEra Energy Resources' affiliate will continue to operate both facilities included for an initial period of up to one year.

According to the announcement, the agreement terms include a $1.313 billion purchase price, plus approximately $239 million for cash and approximately $37 million for net working capital, subject to customary adjustments based on the amounts of cash and net working capital at closing.
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