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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

CP&L to Call Itself 'Progress Energy'

LCG, Dec. 4, 2000--From now on, just call Carolina Power & Light Co.'s parent holding company "Progress Energy." CP&L Energy Inc. did not say in a news release this morning whether the new company name takes an "Inc." or a "Corp."

But it's a welcome departure from recent industry practice in that the new company name incorporates the word "Energy" and is in English.

The new holding company, created by CP&L Energy's acquisition of Florida Progress Corp., intends to put the "Progress" moniker on everything except Carolina Power & Light and Florida Power Corp., its two operating utilities. However, the company will gussy up the company trucks, bills and other things with a new red and gold trademark.

The company created by the merger of two big Southeast utilities is one of the top 10 U.S. generators of electricity, with more than 19,000 megawatts of total capacity. It serves about 2.8 million customers in the Carolinas and Florida and has over $7 billion in annual operating revenues.

"Progress Energy is built on the strength of two solid companies with long traditions of service toour customers and communities," said William Cavanaugh, chairman, president and chief executive. "Our financial strength and stability position the company to deliver reliable, reasonably priced energy to the communities we serve."

He added, "Our increased size and assets provide us with a platform for growth and the ability to compete in any business environment. Although we are structured for stability, we have no intention of standing still."

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