Texas Energy Fund Secures Loan for New 452 MW West Texas Power Facility
· Texas Border Business
Governor Greg Abbott announced a new loan from the Texas Energy Fund (TxEF) for over 450 megawatts (MW) of power generation in Reeves County, sufficient to supply around 110,000 Texas homes. The Pecos Power Plant LLC is spearheading the project, which will enhance the West Texas power grid with natural gas generation. Expected to begin operations in 2027, the facility aims to improve grid reliability and meet fluctuating energy demands. This loan is part of the TxEF’s In-ERCOT Generation Loan Program, which has already funded eight projects totaling nearly 5,000 MW of new power.
AI summary · Source: Texas Border Business →
