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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

Peru Questions Privatization

LCG, June 11, 2002--The privatization of Peruvian electricity assets has been delayed again, and this time a congressional committee is asking, why privatize at all?

State-owned energy companies Egasa and Egesur have almost been up for sale this year. The companies' sale, priced at $156 million, has been repeatedly postponed because of investor worries and public dissent.

Peru has taken in almost $400 million in state sales so far this year and planned to make $700 million by the end of 2002.

The legislature has questioned the sale of Egasa and Egesur and has called Energy and Mines Minister Jaime Quijandria to discuss the motivation behind the sales.

Some people fear that money gained in the sale will be misused and inefficiently distributed, referring to the way the government spent $9 billion raised in the 1990's by then-President Alberto Fujimori.

Peru's Congress will discuss the sales, which are scheduled for Friday, as well as the possibility of changing it to retain veto rights. NRG Energy Inc., Tractabel, Suez, and Statkraft are all set to bid for the companies.

Earlier this year Electric companies Etecen and Etesur were sold for $242 million to the Columbian state-run utility Interconexion Electrica SA, which was the only bidder, although initially other companies were interested in the sale.

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