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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

Calpine Completes Phase II of Pastoria Energy Center

LCG, July 7, 2005--Calpine Corporation announced yesterday that operations have commenced for Phase II of its Pastoria Energy Center, located south of Bakersfield, California. Phase I of the project, with a capacity of 250 MW, began delivering power to Southern California in early May. Phase II adds another 500 MW of gas-fired, electric generating capacity for serving electric loads in Southern California.

The Pastoria Energy Station is an efficient, combined-cycle facility that produces a relatively limited quantity of air emissions, including greenhouse gases.

At the end of May, Calpine's Metcalf Energy Center, located in San Jose, California, began operations. Similar to the Pastoria Energy Station, the Metcalf Energy Center is a 600 MW, combined-cycle power plant. The Pastoria and Metcalf plants provide a significant increase in power supplies to meet California's growing demand for electricity. Following the completion of the two projects, Calpine's California assets will total over 5,750 MW.

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