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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

330 MW Plant To Be Built in New Jersey

LCG, Jan. 21, 2002--An affiliate of Consolidated Edison Development has contracted with Jones Lockwood Greene for engineering, procurement and construction services related to a 330-megawatt plant to be sited in Lakewood Township, New Jersey.

The plant, Ocean Peaking Power, will be a neighbor to Consolidated Edison Development's Lakewood Cogeneration facility. The facility will be developed using GE Frame 7FA gas turbine generators, and simple-cycle technology. The planned configuration is to include two generator sets, with the possibility of a third.

The project is worth $40 million, with a planned completion date of December 2002. Con Edison Development is a wholly owned subsidiary of Consolidated Edison, Inc., and is a New York City-based company that invests in energy infrastructure development projects.
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