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Arbor Signs Agreement with GridMarket for 5 GW of Baseload Power

LCG, March 25, 2026--Arbor Energy today announced an agreement with GridMarket, an energy and infrastructure project facilitator, to deliver up to 5 GW of zero-emission power starting in 2029. GridMarket supports large energy users, including data centers, manufacturers, and logistics providers, with securing reliable and cost-effective power.

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Faster-than-Expected Data Center Load Growth May Cause Increased Regional Short-term Fossil Fuel Generation and Wholesale Electricity Prices

LCG, March 18, 2026--The EIA released a new "In-depth Analysis" of the potential impact of faster-than-expected near-term growth in data center power demand on power generation and wholesale prices on March 12. The analysis models the lower 48 states through 2027 and compares results to its base case scenario. Key takeaway from this sensitivity analysis is the potential increase in fossil fuels in some regions and potentially a significant increase in wholesale prices in ERCOT.

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Industry News

El Paso Replaces CEO

LCG, March 13, 2003El Paso Corporation announced that CEO William A. Wise is officially stepping down as CEO and that a new CEO has been chosen to take interim office.

Ronald Keuhn, Jr. will take Wises place while a permanent CEO is sought.Keuhn, who is 66, has served as a business consultant for two years and was non-executive chairman for the corporation for 14 months in 1999 and 2000.

The corporations decision to replace Wise comes at a time when shareholders have been seeking to replace El Pasos board members.

One of the companys largest shareholders, Selim K. Zilkha, has been at the head of the effort of change the board and owns some 8.9 million shares. The shares have dropped in value over the last two years by nearly $600 million.

Wise will continue to receive his salary plus half of his yearly bonus, in addition to pension benefits, for three years.

El Paso is the countrys largest natural gas pipeline company.

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