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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

Con Edison and LIPA Proceed with Plans for 700-MW Offshore Wind Farm

LCG, April 1, 2009--Consolidated Edison (Con Edison) and state-owned, Long Island Power Authority (LIPA) and recently announced plans for further study of a wind farm located approximately 13 miles offshore from the Rockaway Peninsula. The project is spurred on by the Governor of New York's Renewable Energy Task Force and the Governor's "45 by 15" program, which sets a target to meet 45 percent of New York's load from renewable energy resources and improved energy efficiency by the year 2015.

The two utilities released on March 23 a joint feasibility study, which included results that support up to 700 MW of wind capacity being developed offshore, given corresponding significant upgrades are made to the transmission system.

An initial phase with a capacity of 350 MW would likely be the first step. To allow for substantial further capacity expansions, LIPA and Con Edison filed an application to interconnect the wind farm with the New York Independent System Operator (NYISO) for up to 1400 MW by 2020.

LIPA and Con Edison now plan to work with the State of New York, the New York Power Authority (NYPA), New York City, the Metropolitan Transportation Authority, and the Port Authority to issue a request for expressions of interest (RFEI) for offshore wind development. A Request for Proposals (RFP) will be issued later in 2009.
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