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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

Entergy Announces Close of Agreement to Sell Gas-fired Power Plant in Rhode Island

LCG, December 18, 2015-Entergy Corp. yesterday announced that its wholesale generation division, Entergy Wholesale Commodities, has closed on its sale of the 583-MW Rhode Island State Energy Center to Carlyle Power Partners. The agreement was announced in October 2015.

The base sales price for the Rhode Island State Energy Center (RISEC), excluding adjustments, is approximately $490 million. Entergy purchased the plant from NextEra Energy Resources, LLC for $346 million in December 2011.

RISEC is a natural gas-fired, combined-cycle electric generating facility located about five miles from Providence, Rhode Island. The facility entered commercial service in 2002.

Entergy's Chairman and CEO stated, "RISEC has been a good investment for us, and its sale is consistent with our strategy for Entergy Wholesale Commodities - to be disciplined about reducing risk and freeing up financial resources for other opportunities."
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