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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

California Power Purchase Bonds Closer to Reality

LCG, Feb. 1, 2002-The California Public Utility Commission appears ready to issue a plan for the state to issue $12.5 billion of revenue bonds to repay California for purchases of electricity made on behalf of investor-owned utilities.

A vote on by the full PUC on the proposal is expected by Feb. 21. The major issue surrounding such bonds concerns how much of the revenue from ratepayers' electricity purchases would go to the Department of Water Resources, which made purchases of power beginning last year, and how much would be used to repay bondholders. Despite some opposition from consumer groups to the prices at which power has been purchased, a draft "rate agreement" was welcomed by Gov. Davis, who called it "a significant step in the right direction to get energy bonds sold."

State Treasurer Phil Angelides' office had no comment yesterday, but said in a statement that passage of a bond measure would involve numerous hurdles. Angelides had been disappointed in October of last year when Loretta Lynch, head of the PUC, would not approve a rate agreement in October because she considered the long-term contracts with suppliers to be too expensive.

The revised plan calls for "best efforts" by the DWR to gain better terms for the long-term purchases. Nettie Hoge, of the Utility Reform Network, said the plan "takes all these overcharges and gives them phony names. Nobody is going to be able to understand anything about what the bill means."

PUC commissioner Richard Bilas noted that although the new plan is a step away from the PUC's earlier position, "we're getting precariously close to the point where if we don't issue bonds pretty soon the state's going to be in very serious trouble."
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