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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

FERC Would Use Incentives to Encourage RTO Membership

LCG, Jan. 15, 2002--The Federal Energy Regulatory Commission has given its support to a staff proposal that aims to bring transmission assets owned by utilities under regional transmission organizations through increased rate of return incentives.

The proposal will be submitted for public comment over a 45-day period, and would permit public utilities to gain federal approval for up to an additional 2 per cent in rate of return on equity. Utilities could earn up to 50 basis points of additional return on equity for transmission investments based on their joining a regional transmission organization; 150 basis points for divested transmission assets; and 100 basis points for expansion of transmission assets. While the incentives for joining an RTO would last through 2012, the incentive for divesting transmission assets would be offered through 2022.

FERC's aim with the set of incentives is to allow greater access by independent power producers with no transmission assets. Utilities would not receive direct benefit from the incentive for divested assets; rather, they would see more profitable asset sales, which would likely be at a higher price because of the incentive. Ultimately, FERC would like dispatching of generation to be the responsibility of actors other than their owners.
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