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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

Mirant Finally Unloads Chile's Edelnor

LCG, Jan. 2, 2002--Mirant Corp. of the United States said this morning that it completed the $4.5 million sale of its money-losing Chilean electric utility Empresa Electrica del Norte Grande SA , or Edelnor.

In addition to paying Mirant $4.5 million, F.S. Inversiones Ltda. will assume $340 million in debt and try to stave off liquidity problems.

Edelnor, which consists mostly of 760 megawatts of generation capacity, has been unable to settle into a profitable routine in northern Chile, where it is one of the principal generators of electricity. Mirant put the company on the block last October after writing off its entire investment in the company.

At that time, it also said it would not invest another dollar in Edelnor.

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