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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

Endesa in Surprise Bid for French Power Firm

LCG, Oct. 4, 2000Spain's largest utility, Endesa, has bid an undisclosed sum for a 30 percent interest in French power producer Socit Nationale d'Electricit et de Thermique, a government-owned operator of coal-fired plants.

Snet, which had 1999 revenues of about $320 million and operated five generating stations, is controlled by state-run Charbonnages de France, the country's coal-producing monopoly. The French government has offered 30 percent of Snet as the first step in its privatization, though Charbonnages would retain controlling ownership.

It had been thought that a brokered marriage had been arranged with Suez Lyonnaise under which Suez would purchase the 30 percent and also assist Snet in financing a new thermal power plant.
The surprise bid by Endesa could test the willingness of France to open its electricity sector to foreign competition. Last February, after a year of foot dragging and under pressure from its European Union partners, France reluctantly said it would liberalize 25 percent of its power market. So far there has been little evidence that it has done so.

Industry observers in Paris say that it would be difficult for the French government not to sell the interest in Snet to Endesa if the Spanish firm offers more money than Suez. Furthermore, they say that Suez would be unlikely to raise its offer because it is eyeing investment in Italy and on the Iberian Peninsula.

Endesa, which recently admitted it was in talks that would lead to a merger with Iberdrola, Spain's second-largest power company, is known to be looking beyond the Spanish border and has budgeted about $3 billion for expansion into other parts of Europe.

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