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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

Rocky Mountain Power Pursues Regulatory Approval for $3.5 Billion Wind and Transmission Investment

LCG, July 3, 2017--The Rocky Mountain Power submitted filings last week in Wyoming, Utah and Idaho requesting state regulators to approve a plan to significantly expand the amount of wind power serving customers by 2020. The plan is part of the company's Energy Vision 2020 initiative.

Rocky Mountain Power's Energy Vision 2020 initiative is designed to: (i) upgrade or "repower" the company's existing wind fleet with longer blades and newer technology, (ii) add approximately 1,100 MW of new wind capacity, and (iii) build a new 140-mile Gateway West transmission. Most of the new investments will be in Wyoming.

Rocky Mountain Power President and CEO stated, "We are very excited to begin the stakeholder review process for these projects that will significantly increase the renewable energy that serves all our customers. These investments will provide significant long-term benefits to our customers and bring substantial economic benefits to rural communities where the facilities will be located."

Rocky Mountain Power first announced the wind and transmission investments in April as part of its broader long-term energy plan. Additional filings and regulatory approvals will be necessary.

The Energy Vision 2020 projects, which comprise an investment of $3.5 billion, were chosen by the company as the most cost-effective option to meet customers' energy needs over the next 20 years. By moving to complete the projects by 2020, the company states that it will be able to use federal production tax credits to provide a net cost savings to customers over the life of the projects.
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