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News
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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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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
TransCanada Announces Sale of its Northeast Electric Generating Assets
LCG, November 2, 2016--TransCanada Corporation announced yesterday that it expects to realize approximately $3.7 billion from the monetization of its U.S. Northeast Power business, that includes over 4,500 MW of electric generating capacity. TransCanada will sell 3,950 MW of capacity located at four sites to Helix Generation, LLC, an affiliate of LS Power Equity Advisors for $2.2 billion and 584 MW of hydroelectric facilities to Great River Hydro, LLC, an affiliate of ArcLight Capital Partners, LLC for $1.065 billion, with the remainder attributed to TransCanada's power marketing business. The transactions are expected to close in the first half of 2017, subject to certain regulatory and other approvals.
TransCanada plans to use the proceeds from the two sales and future realization of value of the marketing business to repay a portion of the loan credit facilities used to partially finance the Columbia Pipeline Group, Inc. (Columbia) that was acquired earlier this year. The acquisition of Columbia created one of North America's largest regulated natural gas transmission businesses.
TransCanada's president and chief executive officer stated, "The sale of our merchant U.S. Northeast Power business to fund a portion of our acquisition of Columbia will further enhance the stability and predictability of our earnings and cash flow streams and support a strong and growing dividend. Following the sale, the proportion of TransCanada's earnings before interest, taxes, depreciation and amortization (or EBITDA) expected to come from regulated and long-term contracted assets will exceed 95 per cent."
LS Power will acquire the following four generation facilities: (i) Ravenswood, a 2,480-MW multiple-unit generating natural gas facility using dual fuel-capable steam turbine, combined-cycle and combustion turbines located in Queens, New York, (ii) Ironwood, a 778-MW natural gas combined-cycle facility located in Lebanon, Pennsylvania, (iii) Ocean State Power, a 560-MW natural gas combined-cycle facility located in Burrillville, Rhode Island, and (iv) Kibby Wind, a 132-MW wind farm located in Franklin County, Maine. The transaction is expected to close in the first quarter of 2017, pending receipt of necessary regulatory approvals and third-party consents.
The chief executive officer of LS Power stated, "LS Power's experience owning and operating a diverse array of generating facilities throughout the Northeast uniquely positions us to acquire this portfolio of power plants. Each of these assets serves a distinct and crucial role to meet the demand needs in their respective Northeast markets. Moreover, these facilities are staffed by skilled personnel that maintain safe and efficient operations for their customers. We look forward to ensuring a smooth transition of ownership and responsible stewardship of these vital assets."
ArcLight's acquisition of TransCanada's New England hydroelectric power portfolio provides a combined capacity of 584 MW and includes 13 facilities on the Connecticut and Deerfield rivers in Vermont, New Hampshire and Massachusetts. The transaction is expected to close in mid-2017, subject to customary regulatory and other approvals.
TransCanada also announced that it has decided to maintain its full ownership interest in a growing portfolio of natural gas pipeline assets in Mexico rather than to sell a minority interest in six of these pipelines to fund a portion of the Columbia acquisition. TransCanada currently owns and operates the Guadalajara and Tamazunchale natural gas pipelines and is investing $3.8 billion to develop and complete construction of four additional pipelines plus fund its interest in the Sur de Texas project, all of which will serve growing demand in Mexico. All projects are expected to be in-service by the end of 2018.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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