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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

Wind Projects Added to PG&E's Renewables Portfolio

LCG, April 28, 2005--Pacific Gas and Electric Company (PG&E) announced yesterday that it has submitted three new long-term power purchase agreements with wind farms to the California Public Utilities Commission (CPUC) for regulatory review. With the addition, PG&E expects to meet over 30% of its customers' electricity demands with renewable energy.

In total, the three contracts add 143-158 MW of renewable capacity to PG&E's supply portfolio and are a result of the company's Renewables Portfolio Standard (RPS) solicitation of 2004. The three, California wind farms are: FPL Montezuma, located in Solano County; Buena Vista, located at Altamont Pass; and Pacific Renewable, located near Lompoc. PG&E plans to issue another RPS solicitation this summer, with the goal of supplying another 1-2% of customer electricity demands with renewable energy.

The State of California's RPS Program, which is managed by the CPUC and the California Energy Commission, requires each utility to increase its procurement of eligible renewable generating resources by 1% of load per year to achieve a 20% renewables goal.

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