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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

Nigerian Power Project Contract Awarded to Shell

LCG, Jan. 28, 2002--The existing Afam Power plant near Port Harcourt, Nigeria, has been contracted for lease and operation by the Shell Petroleum Development Company of Nigeria (SPDC), which will increase capacity from 240 megawatts to 930 megawatts by 2004.

The contract, worth $540 million, is part of the Nigerian Independent Power Producer Program, intended to encourage market entry by local and foreign private investors unaffiliated with the local monopoly, National Power Authority (Nepa).

The contract calls for refurbishment of Afam units I-IV, which will be transferred together with the upcoming Afam V to Shell and operated by the company for fifteen years. The South African firm Eskom Enterprises will be responsible for operations and maintenance, and is contracted through Shell to oversee the construction and contract status.

The first stage of the upgrade, to be completed this year, will bring output at the plant up to 400 megawatts. The overall increase in generating capacity will mark a 20% increase for Nigeria, in which 36% of residents have access to electricity.

Port Harcourt, with a modern city center, is located in the rainforest, and is known as "The Garden City."
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