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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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EIA Estimates Record U.S. Electric Generating Capacity Additions in 2026, with Solar in the Lead

LCG, February 20, 2026--The EIA today issued an "in-brief analysis" that estimates U.S. power plant developers and operators plan to complete a record installation of 86 GW of new, utility-scale electric generating capacity that is connected to the U.S. power grid in 2026. Last year, 53 GW of new capacity was added to the grid, which was the largest capacity installation in a single year since 2002. Thus the estimate of 86 GW of new capacity in 2026 is a whopping 33 GW greater than the year prior. It should be noted that over 20 GW of the 86 GW of new capacity this year is estimated to be completed in December.

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Industry News

Northwest Natural Gas Still Wants Enron's Portland General

LCG, Nov. 29, 2001--Northwest Natural Gas. Co. said this morning that it had filed an application yesterday with Oregon regulators seeking approval of its plans to acquire utility Portland General Electric Co. from disintegrating Enron Corp. for about $2.9 billion.

There were fears yesterday that the acquisition could be a victim of Enron's growing troubles, especially after Standard & Poor's slashed its credit ratings to junk status and Dynegy Inc. walked away from a deal to buy out its larger rival.

But Northwest natural Gas is staying the course. The company's general counsel, Mark Dodson, said yesterday "We remain confident the necessary approvals can be obtained in an expeditious manner."

The application to the Oregon Public Utility Commission was the first in a chain of several such filings. The deal also requires approval by the Washington Utilities and Transportation Commission, the Nuclear Regulatory Commission, the Securities and Exchange Commission, the Federal Energy Regulatory Commission, the Federal Trade Commission and the U.S. Department of Justice.

Northwest Natural Gas agreed on October 8 to acquire PGE, Oregon's largest utility, for $1.8 billion plus about $1.1 billion in assumed debt and preferred stock.

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