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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

PSE&G Transfers Generation Assets to Affiliate

LCG, Aug. 22, 2000--Public Service Electric & Gas Co. said yesterday that it has transferred its electric generating facilities to PSEG Power, an unregulated power producing affiliate. The transfer was made in conformance with the companys restructuring order issued by the New Jersey Board of Public Utilities.

The power plants and other assets will be transferred at the price specified in the order, which is $2.443 billion plus $242 million for other generating related assets such as fuel, materials, and supplies.

If a court decision upholding the Boards restructuring and securitization orders regarding PSE&G is modified by an appeal now before the New Jersey Supreme Court, PSE&G and PSEG Power will execute a supplemental agreement to reflect any change in the value of the assets.

PSE&G said the transfer was completed within the year allowed by the Board of Public Utilities.

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