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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

Exelon Announces Deal to Acquire Pepco Holdings

LCG, May 1, 2014-Exelon Corporation and Pepco Holdings Inc. yesterday announced that they have signed a definitive agreement to combine the two companies in an all-cash transaction. The acquisition will combine Exelon's electric and gas utilities - BGE, ComEd and PECO - together with Pepco Holdings' electric and gas utilities - Atlantic City Electric, Delmarva Power and Pepco - that will serve approximately 10 million customers, with an underlying rate base of approximately $26 billion. The new company will become the largest utility in the nation with respect to the number of customers served.

The acquisition agreement has been unanimously approved by both companies' boards of directors, and the companies plan for the agreement to close in the second or third quarter of 2015.

Exelon President and CEO stated, "Exelon and Pepco Holdings have a compelling strategic rationale for merging, given our geographic proximity and similar utility business models. Our cultures are an excellent match, with a shared focus on operational excellence, environmental stewardship, customer service and support for the communities we serve."

Pepco Holdings Chairman, President and CEO said, "This combination provides significant benefits for all of our stakeholders, including customers, employees and shareholders. Exelon is one of the most respected energy companies in the country, and it is committed to building on the progress our team has made over the last few years to improve system reliability and customer satisfaction. As part of this transaction, Exelon has committed to provide what our customers most want: investments in infrastructure improvements, continuation of our long tradition of philanthropy in our communities and direct customer benefits of $100 million. Our shareholders will benefit from an immediate cash premium, and employees should enjoy even more opportunities as part of a larger company."

Prior to completing the acquisition, a number of hurdles must be cleared. In addition to requiring approval of the stockholders of Pepco Holdings, there are a number of necessary regulatory approvals, including: the Federal Energy Regulatory Commission, the District of Columbia Public Service Commission, the Delaware Public Service Commission, the Maryland Public Service Commission and the New Jersey Board of Public Utilities.
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