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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

Gas Rate Increase Sought by PNM

LCG, Jan. 13, 2002--The Public Serivce Company of New Mexico (PNM) has filed for an increase in natural gas rates, based on increases in fees that it says would offset costs to maintain and expand its pipeline network.

The Public Regulation Commission will consider the proposal, which asks for increases in monthly access fees, transportation and distribution charges, and increases in hook-up and reconnection fees. Addtional charges to last one year would be used to cover costs incurred but not allowed during a 1997 rate case. The average additional cost per month for residential customers is anticipated to be $6.67, while small business would pay an average of $13.74 more per month.

Bill Real, the senior vice president of public policy for PNM, said that the company has been responsible for the costs of keeping its pipeline growing and working for 10 years, costs that he said amount to $300 million. PNM will reportedly experience new costs associated with compliance with a federal pipeline safety law ($16 million), as well as with more expensive construction materials, technologies and employee training.

The rate increase would be used to construct 30 miles of new pipeline on the West Side of Albuquerque and Rio Rancho ($22 milllion), and to install corrosion-resistant polyethylene pipe along 150 miles where steel pipe now lies ($23 million).

The utility has achieved a 3 per cent return on equity in the past year, whereas the increase is expected to yield a 12 per cent return on equity. The case is expected to take 10 months. Sam Thompson, a spokeswoman for Attorney General Patricia Madrid, said, "We will ensure that any proposed rate increase is both necessary and as low as possible."
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