OG&E signs deal to power three Google data centers in Oklahoma

Alphabet’s GOOG.OQ is tied to a new power-supply deal: OGE Energy agreed to provide electricity to three new Google data centers in Muskogee and Stillwater, Oklahoma. The agreement, which requires Google to cover project costs, sent OGE shares sharply higher in pre-market trading, signalling improved revenue visibility and long-term demand for the utility’s capacity. Market reaction reflects investor optimism about stable, contracted cash flows for OGE and broader strength in data-center-related demand for power infrastructure. The development is positive for regional grid utilization and could have knock-on effects for suppliers and utilities serving cloud infrastructure growth.