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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

Mirant Buys Two Southeast Power Projects from El Paso

LCG, Oct. 23, 2001--Mirant Corp. said this morning it has completed the acquisition of two power plants located in Georgia and Florida from El Paso Corp.

"With this closing, Mirant successfully enters two markets that are key to our Southeast strategy," said David Rozier, chief executive of Atlanta-based Mirant's southern U.S. operations. "Georgia and Florida both provide significant growth potential and we look forward to continued expansion in these states."

Mirant acquired from El Paso a 640 megawatt natural gas-fired power plant in Thomaston, Ga., that has been in operation since June of last year, and a 480 megawatt natural gas-fired plant in New Port Richey, Fla., north of Tampa, Fla., which is scheduled to begin commercial operation in March of next year.

Clark C. Smith, president of El Paso Merchant Energy North America, said the sale "complements our recent acquisition of power facilities in Pennsylvania and Florida." He added that El Paso "will continue to pursue greenfield power development and acquisition opportunities in strategic locations across North America."

Mirant said it will provide power from both plants to customers under a variety of power purchase agreements, helping to meet substantial existing and future demand in both states.

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