On Friday, March 20th, OG&E filed an application for the approval of a plan and two other Oklahoma power authorities to acquire the Redbud Power Plant. OG&E would acquire 51% stake in the plant, making it the majority owner. Acquisition of the Redbud plant, according to the company, would be the most effective means to decrease energy production costs, thereby increasing profit margins for the company. Source: OGE Investor News