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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

UK's Ofgem Chief: Dereg Doesn't Mean California

LCG, Oct. 11, 2001--Callum McCarthy, head of British energy regulatory body, the Office of Gas and Electricity markets, was in Washington, D.C., yesterday, where he told the European Institute that electric deregulation doesn't necessarily lead to a California-style energy crisis.

"California is not the inevitable result of liberalizing energy markets," McCarthy said. "The British experience, as well as that in the Nordic countries of Europe and individual states in Australia, show that privatization and liberalization can bring very real customer benefits."

McCarthy said the British experience showed quite the opposite -- he said 14 million customers have switched their sources of supply, with 167,000 switching every week. All of those customers, he said, benefit from the downward pressure on prices which competition has brought and continues to exert.

Since the UK privatized and deregulated its energy sector, residential gas prices have fallen 37 percent and residential electricity prices 28 percent, McCarthy said. Today, Britain has a more diverse energy mix than at any time in its history, interruptions are even rarer today than they were a decade ago and generation capacity exceeds demand by almost 30 per cent, he added.

"There is not much, therefore, that is obviously wrong with the way in which the British energy market operates," McCarthy concluded. "Those who search for market failures to correct have some difficulty in identifying what they are. They have even more difficulty in demonstrating that there is an administrative solution which will improve matters."

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