Article: OG&E's Smart Grid Project Selected to Receive $130 Million Stimulus Grant.

Oklahoma Gas and Electric Company (OG&E) was notified today by the U.S. Department of Energy (DOE) that its application for $130 million in stimulus funding to accelerate the Positive Energy[R] Smart Grid program has been accepted for award, pending final negotiations next month.

At the same time President Barack Obama was in Florida, announcing all of the recipients included in the $3.4 billion Smart Grid Investment Grant awards program to improve the nation's electricity infrastructure.

According to Pete Delaney, OGE Energy Corp. Chairman, President and CEO, "We are pleased to be awarded funding for our Positive Energy Smart Grid technology ...

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