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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

Duke Reports 23 Round-Trip Trades

LCG, July 16, 2002-Today Duke Energy Corp. acknowledged that it made 23 round-trip electricity trades.

The round-trip trades, which involve selling and then buying electricity at one price to and from the same company for the purpose of boosting trading volume, comprise some $126 million worth of trades on the Intercontinental Exchange, which is one of the world's largest electronic exchanges.

This admission came after the U.S. Securities and Exchange Commission informally requested trading information and the Commodity Futures Trading Commission subpoenaed the company.

While most of Duke's revenue is derived from utilities and gas transmission, and the company still retains a high investment-grade credit rating, one Duke manager was put on leave recently, a move apparently related to the current investigation.

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