Happy Thursday!
It’s been a while since we blogged
on the Texas Energy Fund; see our Blog in Mid-May 2026. Well, another company has had their loan
approved.
Did anyone
happen to read MSN on October 15, 2026, they had an article from The Cool
Down titled, “Texas puts state loan behind West Texas gas plant”? In the article, it speaks on how recently
Pecos Power Plant LLC and its backers: Mecuria and Continental Resources were given
a low-cost loan from the taxpayer approved Texas Energy Fund for their natural
gas power plant. Pecos Power Plant LLC is
being built in Reeves County, Texas and is expected to generate 450 MW starting
in 2027, and it is the ninth loan given from the Texas IN-ERCOT Generation Loan
Program. We wish them luck getting their
power plant operational bringing power to West Texas, we will let you know if
we hear anything else on the Texas Energy Fund. If you would like to read more of the article
from The Cool Down published on MSN, please click the link: Texas puts state loan behind West Texas gas plant expected to power 110,000 homes.
Don’t forget
to check out our ESC website or
contact us via the email in the Blog, if you have a hydrocarbon liquids
project you would like to see get off the ground or you would like to see
what’s under your feet to help with your emissions!
We hope you have a wonderful evening!
**Disclaimer: You may be charged a
fee to read the article on MSN. **