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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

Peru Does Not Charge Belgian Energy Co. With Corruption

LCG, June 19, 2002--Belgian energy company Tractabel, which is a unit of French company Suez, says it is not being investigated for participating in corruption in Peru.

Earlier today the Dow Jones reported that Tractabel was charged with bribing former Peruvian president Alberto Fujimori; a Tractabel spokesman reportedly said it amounted to $10 million worth of monetary encouragement since 1996.

Later today, Tractebel said that, in fact, the company faced no such charges in Peru or anywhere else.

A spokesman from the company reportedly said that Tractebel had always denied this charge. The company also denies that a witness reportedly sought in the alleged investigation, Pierre Bocquet, ever worked for Tractebel in Latin America.

This very contentious charge, alleging corruption in Peru, comes directly after Tractabel bid successfully for Peruvian energy companies Egasa and Egesur.

The sale of state-owned assets led to a pitched political battle, and protests over the weekend promped the cancellation of flights when protestors walked onto runways. Riots in Arequipa induced the government to announce a state of emergency. Many Peruvians fear that money from sales will be spent foolishly.

The former president meanwhile faces charges of abandoning office and embezzlement; Alberto Fujimori has been living in Japan since 2000, when the Peruvian government collapsed.

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