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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

Oregon PUC Cuts Electricity Rates by $312 Million

LCG, October 31, 2002-Yesterday the Oregon Public Utilities Commission mandated that Portland General Electric lower its retail electricity rates by 12 percent.

While PGE had asked for a 10 percent rate decrease, the OPUC ruled that the utility had entered into some less than optimum contracts and should not be allowed to recover $25.2 million.

A combined total of 125 megwatts of peak capacity was bought at an average price of $85 per megawatt-hour, amounting to $14.65 million. Hydroelectric generation costs, as well as unplanned plant outages and plant depreciation, were also added into the retail rate determination.

PGE officials say the rate decrease will have a significant financial effect and contend that all contracts it made were prudent and necessary in order to maintain available supply.

PGE, a unit of Enron Corp., serves 730,000 customers in the Portland area.

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