Selenite Springs Energy Center — 250 MW utility-scale solar PV in West Texas (ERCOT); 250 MW VPPA with Graphic Packaging as sole REC buyer; targeted COD by end of 2027
Largest VPPA to date for Graphic Packaging — the 250 MW REC offtake from NextEra's Selenite Springs project will offset roughly 43% of GPK's US/Canada electricity consumption. NextEra Energy Resources retains construction and ownership; commercial operations targeted by year-end 2027. Latest in a series of GPK clean-energy procurements aligned with the company's 2030 climate targets.
Deal Value
250MW
Capacity
Solar
Technology
TX
Location
Deal Details
- Deal Type
- Virtual PPA (corporate REC offtake)
- Seller / Sponsor
- NextEra Energy Resources
- Buyer / Financier
- Graphic Packaging Holding Company (NYSE: GPK)
- Offtaker
- Graphic Packaging Holding Company (NYSE: GPK)
- Stage
- Development
- ISO/RTO
- ERCOT
Related Deals
~842 MW solar portfolio across Arkansas, Louisiana, and Mississippi
NextEra Energy Resources, EDPR NA, Invenergy → Walmart
842 MW
~$1B in renewable energy tax credits from NextEra's US wind and solar portfolio
NextEra Energy → Undisclosed
$1B
Pierce County Energy Center — 420 MW solar + 170 MW / 680 MWh BESS, Pierce County, Nebraska
NextEra Energy Resources → Google / OPPD
420 MW
Orion Solar Belt — 1.3 GW portfolio of 4 utility-scale solar projects (Orion I, Eiffel, Orion II, Orion III), Milam County, TX — 875 MWdc using 1.3M American-made First Solar modules
SB Energy Global (SoftBank / Ares Management) → J.P. Morgan, Bank of America, Morgan Stanley Renewables, Truist Bank, MUFG, Mizuho Americas, ING, SMBC, CIBC, Fifth Third Bank, Société Générale
$2.4B+
80 MW PPA from the 471 MW Mockingbird Solar Center under construction near Paris, Texas — brings project to fully contracted status
Ørsted (Mockingbird Solar Center) → Bloomberg LP
Juniper IIA Wind Farm — 98.4 MW onshore wind, Oregon
Iberdrola / Avangrid → Amazon
98 MW
Get deals like this in your inbox
Free weekly clean energy deal intelligence. Every Monday.