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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

PG&E Promises Repayment to Creditors

LCG, June 8, 2001--PG&E officials on Thursday told a group of creditors and lawyers representing a portion of those individuals and businesses with claims against the company that outstanding bills would be paid by the utility under a Chapter 11 bankruptcy plan.

According to PG&E, major creditors with large claims such as power plant owners and banks are owed 90 percent of the utility's debt to unsecured creditors. This 90 percent stands at about $9.6 billion. Smaller creditors with claims of $10,000 or less might be paid before the other creditors, although Jim Lopes, PG&E's lead bankruptcy attorney said, "We may in fact treat small creditors differently and more expeditiously, but I can't guarantee anything."

The recent rate change for PG&E's customers has meant that its ability to buy wholesale power has improved, with the state assuming 41 percent of new charges.

Lopes, speaking at the meeting made mandatory by federal bankruptcy laws, said that while the company would like to emerge out of bankruptcy "as soon as we possibly can," the company's bankruptcy plan is not expected to be presented prior to September 5th. The assembled group of six officials of PG&E were resolute on the transfer of approximately $3.9 billion from the utility to the corporate parent, PG&E Corp.

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