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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

Construction Commences on California Geothermal Project

LCG, May 21, 2010--Construction on the Hudson Ranch 1 power project began earlier this week at a site in the Imperial Valley of Southern California. EnergySource LLC executed a 30-year, power purchase agreement (PPA) with Salt River Project (SRP) for all of the electricity generated by the 49-MW, geothermal facility. The project is scheduled to commence commercial operations in early 2012.

The geothermal project will use superheated brine reservoirs located thousands of feet below the Salton Sea and high temperature flash-technology to generate steam for power generation. The steam will be re-injected to maintain reservoir production, and power will be generated around the clock.

The renewable energy will support SRP in achieving its goal of serving 15 percent of its retail load with renewable energy by the year 2025.

The nearly $400 million project has been under development since 2006 by Catalyst Renewables and Hannon Armstrong, the majority owners of EnergySource.

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