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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

Takeover Panel Ruling Favors U.S. Bidder for Hyder

LCG, Aug. 16, 2000--The British governments takeover panel yesterday threw out a petition by Nomura International that would have excluded an American-owned firm, Western Power Distribution Ltd., from bidding for the Welsh utility Hyder Plc.

Nomura sought to exclude Western Power on the basis that its bid had been received too late for consideration. The Japanese firm could raise the issue again if it challenges the takeover panels ruling in court.

Western Power, a joint venture between The Southern Co. and PPL Inc., had submitted a final offer of 3.65 ($5.48 U.S.) per share for Hyder in what had become a bidding war between it and Nomura.

In April, Hyder began looking around for a buyer and Nomura stepped forward with an offer of 2.60 ($3.90), which Hyders board recommended to shareholders. Western Power then came into the picture with an offer of 3.00 ($4.50), which Nomura quickly bumped to 3.20 ($4.80). Well see your raise and sweeten it to 3.40 ($5.10) said Western Power, and the Hyder board switched allegiances.

At that point, Nomura raised the stakes to 3.60 ($5.40) and people started asking where it would all end. Among them was the takeover panel and with government involvement the situation became less clear.

Elizabeth Warwick, a spokeswoman for Hyder, told the Associated Press "It all seemed to have descended into chaos from there on in."

It is no clearer today, except there are still two bidders instead of one as Nomura wanted.

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