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Graphic Packaging and NextEra Energy Resources Sign 250-MW Virtual Power Purchase Agreement

LCG, April 29, 2026--Graphic Packaging Holding Company today announced a virtual power purchase agreement (VPPA) with NextEra Energy Resources, LLC. With the VPPA agreement, NextEra Energy Resources plans to build the Selenite Springs Energy Center, a 250-MW solar energy facility in West Texas, and Graphic Packaging will be the sole buyer of the facility's renewable energy attribute certificates. Graphic Packaging, a global provider of sustainable consumer packaging, expects the agreement to cover approximately 43 percent of its 2025 electricity usage in the U.S. and Canada. The agreement will advance Graphic Packaging's commitment to source renewable electricity and reduce its greenhouse gas (GHG) emissions.

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PJM Announces More Than 800 New Generation Projects Seek to Connect the Grid

LCG, April 29, 2026--PJM Interconnection today announced that 811 new generation projects applied to connect to the grid through the first Cycle of PJM's new reformed interconnection process, which is designed to improve the certainty, speed and discipline of generation project review. In total, the generation applications would be capable of generating 220 GW of electricity.

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Industry News

PacifiCorp Proposes Separate Firms for Separate States

LCG, Dec. 5, 2000--Scottish Power said yesterday that its PacifiCorp subsidiary has asked regulators in six states to approve a legal and regulatory realignment of the company that would create individual state electric companies, a generation company and a service company.

PacifiCorp has already filed with the Federal energy Regulatory Commission announcing its intention to join a regional transmission organization, RTO West, which would control its transmission facilities.

Under yesterday's proposal, PacifiCorp's state electric companies would be subject to the jurisdiction of the states in which they are located. The generation company would be regulated by the Federal Energy Regulatory Commission, which also regulates transmission. The Securities and Exchange Commission would regulate the service company.

Scottish Power said the proposal is designed to provide a permanent allocation of generation benefits and costs among the states served by PacifiCorp. This will allow each state to pursue regulatory policies deemed appropriate without affecting customers in other states or treating shareholders unfairly, the company said.

The proposal is not expected to have a significant impact on employees, or lead to downsizingbeyond the company's previously announced transition plan.

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