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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

Midwest ISO and Southwest Power Pool Will Merge

LCG, Feb. 25, 2002--The directors of the Midwest Independent Transmission System Operator Inc. (ISO) and Southwest Power Pool Inc. (SPP) gave their approval to a merger of the two power transmission grid managers.

The resulting organization would have responsibility for transmission operations in twenty states and in the Canadian province of Manitoba. The Midwest ISO projects that it will submit required documents to FERC by March 15, and finalize the merger by the close of the second quarter.

The nonprofit Midwest ISO is currently negotiating with the for-profit Alliance RTO, following a December order from FERC for the two to merge, based on transmission bottlenecks that could persist if the two remained separate.

Some state representatives have asked for more justification for FERC's emphasis on the RTO concept. FERC, which is making the right of utilities to compete in deregulated power markets dependent on their membership in an RTO, will release a cost-benefit study next week, according to a spokesman.

Negotiations over the possible terms of a Midwest-Alliance merger were held up most recently when members of the Midwest ISO found Alliance's proposed transmission rates unacceptable. The Alliance RTOs members include Indiana Michigan Power Co., American Electric Power Co Inc., and Northern Indiana Public Service Co.
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