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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

Missouri Said Close to Electric Dereg Law

LCG, March 19, 2001Legislation pending in House and Senate committees of the Missouri General Assembly, which would allow the state's investor-owned electric utilities to put their generating assets in unregulated subsidiaries, is being pushed by AmerenUE, the former Union Electric Co., according to the St. Louis post Dispatch.

The bill also has strong support from large industrial customers such as Boeing Co., Anheuser-Busch Cos., DaimlerChrysler, Ford Motor Co. and General Motors because it would allow them to purchase power from alternative suppliers at lower rates than they are now paying.

The paper said the bills stop short of a full open electric market, but would allow the utilities to sell the power generated in their Missouri power plants into the wholesale market.

The legislation has drawn sharp criticism from Martha Hogerty, head of the Office of Public Counsel, a Missouri consumer watchdog agency. Calling the measure "the most irresponsible thing I have ever seen," she said "This bill would take all of our good, cheap energy dedicated to our Missouri customers and put it out on the open market."

Gary L. Rainwater, president of the Ameren Corp. subsidiary that would run the former Union Electric plants, said the measure would permit his company to combine Ameren's 8,000 megawatts of Missouri generation with its 4,000 megawatts of Illinois generation that once belonged to Central Illinois public Service Co., another Ameren unit.

Illinois is farther along in electric deregulation and AmerenCIPS has already moved its power plants into Rainwater's Ameren Energy Resources. He said the plan could mean lower rates and would give Ameren and other investors an incentive to build new generation.

"What's fundamentally changed in our business is that we can no longer rely on being able to buy cheaply on the wholesale market" to fill the gap between supply and consumer demand, Rainwater said.

Hogerty also objects to the Federal Energy Regulatory Commission taking over much of the regulatory control. She said the Missouri Public Service Commission has a long history of overseeing the utilities and understands their costs and needs.

She feels that turning over the utilities' generating systems to federal oversight will ensure that rates for residential customers will rise.

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