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Google and AES Sign Agreements for Co-Located Generation and Data Center in Texas

LCG, February 24, 2026--The AES Corporation (AES) and Google today announced agreements for clean power generation that will be co-located with a new Google data center in Wilbarger County, Texas. The agreements include a 20-year Power Purchase Agreements (PPA) for co-located power generation. These coordinated energy projects and powered land will enable Google to rapidly expand its operations to meet demand for core services, while AES will expand its power generation portfolio.

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Amazon Announces Plans to Invest $12 Billion in Data Center Campuses in Louisiana

LCG, February 23, 2026--Amazon today announced plans to invest $12 billion to develop and construct state-of-the-art data center campuses in northwest Louisiana that will support cloud computing technologies. Amazon is partnering with STACK Infrastructure, the developer and owner of the campuses, to lead the construction and development of the data center facilities. Amazon has already invested in solar energy projects in Louisiana, bringing up to 200 MW of new carbon-free energy onto the grid.

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Industry News

First Energy May Buy GPU in $12.2 Billion Deal

LCG, Aug. 7, 2000--Big Ohio utility First Energy Corp. is in talks to acquire GPU Inc. of New Jersey in a $12.2 billion deal that could be wrapped up as early as this week. The deal, if reached, would make First Energy one of the largest U.S. electric companies.

The acquisition would continue the consolidation taking place in the U.S. electric industry as a result of growing competition. At first, mid-sized utilities combined to become large enough to compete with the big companies. Now the big guns are combining their firepower.

American Electric Power Co. began the heavy duty mergers with its acquisition of Central and South West Corp. That was followed by the agreement to merge between Unicom Corp., parent of Commonwealth Edison Co., and Peco Energy Co. Last week, FPL Group announced that it would acquire Entergy Corp.

According to people familiar with the First Energy-GPU negotiations, First Energy would pay $4.5 billion in cash and stock for GPU and assume $7.7 billion in debt, but more clear terms of the deal were not known.

The boards of directors of both companies were expected to meet today to discuss the proposition.

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