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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

SEC Okays Allegheny Energy's Purchase of Mountaineer Gas

LCG, Aug. 15, 2000--Allegheny Energy Inc.s electricity and natural gas distribution subsidiary yesterday received approval from the U.S. Securities and Exchange Commission for its pending acquisition of Mountaineer Gas Co., a wholly-owned subsidiary of Energy Corp. of America.

The acquisition of Mountaineer Gas, the largest natural gas provider in West Virginia, will add about 200,000 customers to Allegheny Powers base. Last December, the company acquired West Virginia Power Co. from UtiliCorp United Inc., adding 26,000 electric and 24,000 gas customers.

Alan J. Noia, chief executive of Allegheny Energy, said "Acquiring Mountaineer Gas represents an important step in the growth of our energy delivery business. In the past seven months, with the acquisitions of West Virginia Power and Mountaineer Gas, we will have added more than 250,000 customers, a 15 percent increase, to our customer base. Allegheny's reputation of superior customer service and operational excellence will ensure the success of this regional expansion."

The SEC approval of the Mountaineer Gas acquisition was the last required, and the company expects to close the transaction by the end of this month.

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