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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

Newsmakers

Terry Bassham has been named chief financial officer of El Paso Electric Co., replacing Gary Hedrick, who was named chief executive last week. Bassham most recently was executive vice president and general counsel. He will continue to serve as interim general counsel.

Raymond M. Bowen Jr. has been elected executive vice president for finance and treasurer of Enron Corp. He had been chief operating officer of Enron Industrial Markets and from 1998 to 1999, was treasurer of Enron Capital & Trade Resources.

John Ellegood a product of the U.S. Nuclear Navy, has been assigned by the Nuclear Regulatory Commission as the agency's resident inspector at the Perry Nuclear Power Plant in Ohio. He replaces Renee Vogt-Lowell who had been the Resident Inspector at Perry since August 1999.

Frank Frankowski has been appointed chief financial officer and vice president for finance by Peco Energy Co.. He most recently was controller for Peco.

Ira D. Hall, former treasurer of Texaco Inc., has been elected to the board of directors of The Williams Cos., bringing the total number of Williams board members to 15.

Clyde T. Turner, chief executive officer of the Mandalay Resorts Group from 1995 to 1998, has been elected to fill a vacant position on the board of Sierra Pacific Resources Corp. parent company for two Nevada utilities. His term begins immediately and he will stand for re-election by the shareholders at the company's annual meeting next spring.

Kathleen M. Walters has been named vice president for information technology by Exelon Energy Delivery, the parent company for Peco Energy Co. She moves up from the same position with Peco.

Britton White Jr. will retire as executive vice president and general counsel of El Paso Corp. effective December 31, 2001. He will be replaced by Peggy A. Heeg, who has served as senior vice president and deputy general counsel responsible for managing legal activities for many of ElPaso's business units.

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