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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

EC Expected to Okay EdF Deal for Hidrocantabrico

LCG, Sept. 18, 2001--The European Commission is expected tomorrow to approve Electricit de France's indirect acquisition of Spanish utility Hidroelectrica del Cantabrico after the state-owned French monopoly dropped its decades-old resistance to building more transmission lines between France and Spain, the Financial Times reported this morning.

Ratification of the deal would be a victory for Spanish Prime Minister Jose Maria Aznar, who has criticized France for dragging its feet on liberalization of its electricity market. Spanish officials hailed the agreement as a milestone towards the creation of a single European energy market, the paper said.

Heretofore, Spain has been cut off from the rest of Europe because there is only one transmission line across the Pyrenees, the rugged mountain range separating the Iberian Peninsula from France. That interconnection is capable of carrying only 1,100 megawatts of power.

The effect of that limitation has been to prevent the importation of power in times of need and also to shield Spanish utilities from the possibility of competition from cheaper foreign power. The result has been higher than necessary Spanish electricity rates, officials say.

EdF has agreed to expand the interconnection capacity between France and Spain by up to 4,000MW over a period of five to 10 years, and in exchange, the Spanish government has withdrawn its objections to EdF's acquisition of a controlling stake in Hidrocantabrico through its partially-owned affiliate Energie Baden-Wurrtemberg of Germany.

"The agreement opens the Spanish electricity market to foreign suppliers," Luis de Guindos, the Spanish economy ministry's secretary for competition policy, said yesterday. "This is positive from a competition point of view and also from the point of view of securing alternative suppliers."

Hidrocantabrico is the smallest of Spain's four electric utilities and produces about 8 percent of the country's power. In recent years, it has been the target of takeover bids by several Spanish, European and U.S. companies, but each such overture has foundered on objections by Spain's competition authorities.

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