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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

FERC Extends New York ISO Price Cap

LCG, Oct. 25, 2001--The Federal Energy Regulatory Commission yesterday approved a request by the New York Independent System Operator for an extension of a price cap of $1,000 per megawatt hour for wholesale electricity bids handled by the ISO.

NY-ISO had asked the federal regulators to extend through April 30 of next year the prices caps which went into effect in July, 1999. If, as expected, power supplies in New York City and on Long Island appear to be marginal as next summer approaches, the ISO may ask for another extension.

Under those circumstances, it is likely that the price controls will remain in effect until the new, 11-state Northeast Regional Transmission Organization is operational.

In its order, FERC said it believed its decision "will promote price certainty and market participants' confidence in the New York ISO-administered markets, which will increase supply, improve reliability and ... lower energy prices."

The Northeast Regional Transmission Organization is one of four super-RTOs FERC wants to create to replace the smaller independent system operators and other organizations that have sprung up since electric industry restructuring took hold about five years ago.

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