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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

TXU's Plans to Build Nuclear Reactors Gains Momentum

LCG, March 15, 2007--Mitsubishi Heavy Industries Ltd. announced yesterday that it has received an order for two nuclear reactors from TXU Corp. TXU notified the U.S. Nuclear Regulatory Commission (NRC) of the selection late last week. Mitsubishi plans to submit its application to receive the reactor design certification from the NRC by the end of 2007.

The order is for two US-APWRs, Mitsubishi's new pressurized water reactor. The generating capacity of each reactor is 1,700 MW. The new reactors, targeted to be built near Dallas, are scheduled to commence commercial operations between 2015 and 2020.

TXU announced in late February that it had executed an agreement to be acquired for $32 billion by private equity firms led by Kohlberg Kravis Roberts & Co. and Texas Pacific Group.

Last September TXU announced its plan to file applications with the NRC for combined Construction and Operating Licenses (COLs) for one to three sites, with a combined electric generating capacity of up to 6 GW. TXU expected to submit the applications in 2008.


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