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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

Western Resources, PNM Break Off Merger Talks

LCG, Aug. 14, 2001--Public Service Co. of New Mexico announced that talks with Western Resources Inc. on their proposed $4.4 billion agreement have broken off, but added that the deal isn't dead and the companies will try to resolve their differences.

PNM said in a news release yesterday that the two companies "are in disagreement about the future of the transaction" but Jeff Sterba, the company's chief executive, said "PNM remains committed to the strategic benefits of bringing the two companies' electric operations together."

Western Resources issued a statement saying that PNM's "characterization" that the Kansas company had broken off the talks was wrong. "We have continually expressed our willingness to work with PNM and believe the current transaction can be completed without significant modification of the economic terms," said David Wittig, Western's chief executive.

Recent rulings by the Kansas Corporation Commission appear to be the fly in the ointment. In one ruling last month, the commission blocked Western's restructuring plan, which would have split its regulated electric utilities off from its unregulated business. Western says the restructuring is an essential part of the merger. In another ruling, the regulators denied a $151 million rate increase for the regulated utilities.

Sterba agreed that the rulings were at the heart of the problem. "We continue to believe that the merger agreement with Western, as currently structured, cannot be consummated if the KCC orders stand and the KCC's expressed concerns are not addressed by Western," he said.

Western's two utilities, Kansas Power & Light Co. and Kansas Gas & Electric Co., serve 636,000 customers in the Sunflower State. Together, they are the state's largest electric company.

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