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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

PG&E Corp. Can Wait on Repayment

LCG, August 5, 2002-Pacific Gas and Electric Corporation, parent company to the California PG&E utility, announced that it has been given waivers by some of its lenders.

Early today, Moody's Investors Service brought the corporation's rating down to "junk," and lenders to the PG&E utility said that repayment of major loans would be postponed through August 16 as long as the merchant energy affiliate PG&E National Energy Group has an investment-grade credit rating.

PG&E Corporation has some $1.3 billion in loans from several sources, including General Electric Capital Corporation and Lehman Commercial Paper.

The corporation has announced that it finds itself capable of meeting its loan requirements of the next year.

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