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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

PG&E Wants Customers to Cover Rate Shortfall

LCG, Aug. 7, 2001--Pacific Gas & Electric Co. returned to court yesterday, seeking to recovery from its retail customers the cost of supplying them with electricity at artificially low rates mandated by California's failed electric deregulation law.

PG&E estimates that it spent about $9 billion more for wholesale power than it was able to charge, and it wants the federal district court in San Francisco to rule that the lower rates it was forced to charge between June of last year and January of this year were unconstitutional and unenforceable because they prevent the utility from recovering its entire wholesale power purchase costs.

The company also says in its suit that state law, as interpreted by the California Public Utilities Commission, is unconstitutional and unenforceable insofar as it produces a confiscatory result and fails to provide just compensation for the taking of private property for public use.

PG&E's lawsuit follows an earlier filing in May which a judge dismissed "without prejudice" because it was brought before CPUC rate rulings were final.

In its filing, the utility notes that a significant amount of theundercollected power costs was for electricity which state law mandated the California IndependentSystem Operator purchase and pass on to the utility in order to maintain electric system reliability,literally "to keep the lights on."

Cal-ISO was unrestrained in its efforts, purchasing power at the highest price possible and sending the bill to PG&E.

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