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The Texas Tribune

National

By Paul Cobler

State approves $562 million Texas Energy Fund loan for power plant near Baytown

NRG Texas BAYTOWN Greg Abbott NRG Energy Natural Gas

Vistra Corp.’s Midlothian Power Plant opened its doors to media on October 15, 2021 to show the plant’s weatherization process. Energy providers like Vistra are preparing their plants for extreme weather conditions following the February winter storm Uri, which disrupted the Texas electric grid and led to the deaths of more than 200 people. — A gas-fired power plant in Midlothian. The state announced Friday that NRG will receive a loan under the Texas Energy Fund to build a new gas-fired power plant near Baytown. (Credit: Shelby Tauber for The Texas Tribune)

NRG Energy will receive a $562 million low-interest loan through a state fund intended to boost the construction of new natural gas power plants, Gov. Greg Abbott announced Friday. It’s the third and largest loan announced under the Texas Energy Fund.

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