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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

AEP Takes over Enron Trading Ops in Scandinavia

LCG, Jan. 8, 2002--U.S. utility holding company American Electric Power Co. Inc. extended its European energy trading operations into Norway and Sweden this morning by assuming control of Enron's offices in Oslo and Stockholm, The Financial Times reported.

The Ohio-based firm, which last month acquired Enron's international coal trading operations in a deal worth about $35 million, said it had hired 35 of Enron's former traders, headed by Thor Lien. Terms were not disclosed.

"Adding Thor and his team immediately provides us with a proven wholesale platform in the Nordic region, extensive market expertise and a capability to utilize the interconnector that moves power between Germany and Denmark," said Hank Jones, head of AEP's European wholesale power business.

According to the paper, the Nordic power market is one of the most mature deregulated markets in Europe but is one from which AEP has been absent to date. The group has instead focused on the UK market, where it last year bought Fiddlers Ferry and Ferrybridge, two of the country's largest power stations, from Edison Mission Energy of the U.S.

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