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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

UtiliCorp Accused of Profiteering on Retail Gas

LCG, Dec. 7, 2000--Missouri regulators are investigating anonymous charges that UtiliCorp United Inc. made illegal profits on natural gas that it resells to 730,000 natural gas customers in five states, including Missouri.

An unsigned letter from a person claiming to be an employee of the utility charged that UtiliCorp's natural gas supply division, which purchases wholesale gas for resale to customers, was told it had to achieve an annual profit of about $10 million in a way that would not be detected by regulators.

As a regulated utility, UtiliCorp is prohibited from making a profit on retail gas unless an incentive system is in place for sharing profits with customers. No such program exists for UtiliCorp.

"I feel that these business practices are not appropriate and should be brought to your attention," the letter to the Missouri Public Service Commission said, noting that utilities in Missouri, Michigan, Minnesota, Iowa and Nebraska were affected by the practices.

The Missouri Public Service Commission found the allegations serious enough to justify an investigation. So did UtiliCorp, which is cooperating with investigators and conducting a probe of its own.

"While the allegations are anonymous and questionable, we nevertheless are taking them seriously," said George Minter, a UtiliCorp spokesman. The company said yesterday that it would not allow practices which were detrimental to ratepayers or against regulations. It expressed confidence that it will be found to have complied with regulations in spirit and to the letter.

Regulators is Iowa, Michigan and Minnesota have also opened investigations.

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