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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

Spain's Fenosa to Buy Two AES Power Firms

LCG, Aug. 31, 2000AES Corp. of the U.S. said yesterday it would sell as planned two Colombian power companies to Unin Fenosa, Spain's third-largest electricity generating company. Fenosa will pay $235 million for the companies.

AEC acquired the two Colombian firms when it bought Venezuela's Grupo EDC earlier this year in what began as a hostile takeover bid. Fenosa, which initially contested AEC for EDC, agreed to back off in exchange for the right to buy the regional power company Epsa for $100 million and another, Electrocosta-Electricaribe, for $135 million.

In addition to buying Epsa and Electrocosta-Electricaribe, Fenosa will exercise an option to purchase Genevapaca, a Venezuelan refinery power supplier, for a price to be agreed upon at a later date.

The properties in Colombia cost EDC about $555 million when they were acquired in 1997, but have proved to be a headache because of guerilla activity and governmental red tape.

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