Legislature

Governor Abbott Announces Texas Energy Fund Loan For 860 MW Of New Power In West Texas

Governor Greg Abbott today announced the eighth Texas Energy Fund (TxEF) loan for 860 megawatts (MW) of new, reliable power in Ward County, enough electricity to power approximately 215,000 Texas homes.Governor Greg Abbott today announced the eighth Texas Energy Fund (TxEF) loan for 860 megawatts (MW) of new, reliable power in Ward County, enough electricity to power approximat

By Keep TX Red NewsroomPublished Updated 2 min readLegislature

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Governor Abbott Announces Texas Energy Fund Loan For 860 MW Of New Power In West Texas

Governor Greg Abbott today announced the eighth Texas Energy Fund (TxEF) loan for 860 megawatts (MW) of new, reliable power in Ward County, enough electricity to power approximately 215,000 Texas homes.Governor Greg Abbott today announced the eighth Texas Energy Fund (TxEF) loan for 860 megawatts (MW) of new, reliable power in Ward County, enough electricity to power approximately 215,000 Texas homes. Vistra is building the project, which consists of two new natural gas units at its Permian Basin Power Plant, more than tripling the site’s current capacity. "As the national leader in energy, Texas remains steadfast to deliver reliable power to families and businesses across our state,” said Governor Abbott. “This new 860-MW project will strengthen grid reliability in West Texas, support economic growth in the Permian Basin, and help ensure Texans have the power they need for years to come.” The project is expected to begin generating power for the Electric Reli

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This update was originally published by the Office of the Governor. Keep TX Red is monitoring the story and will expand coverage as new details emerge.

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