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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

Utilities, Industrials to Invest $2 Billion in Brazil Power

LCG, Dec. 3, 2001--Electricit de France and Tractebel of Belgium, as well as aluminum producers Alcoa and Billiton Metals, said on Friday during the auction of 11 hydroelectric plants, that they would invest about $2 billion in Brazil's power sector.

The companies would add 2,700 megawatts of installed capacity to Brazilian generation resources over the next six years, they said. New power plants would be built in 10 states between 2003 and 2007.

The plan would do little to alleviate the current power shortage in Brazil, but was seen as a vote of confidence in the Brazilian economy. Jose Maria Abdo, head of Brazil's regulatory agency Agencia Nacional de Energia Eletrica (Aneel), said "This is a reflection of investors' confidence in spite of the period of economic instability."

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