NRG Energy Inc Secures $216 Million Loan from Texas Energy Fund to Expand TH Wharton Power Plant
NRG Energy Inc. has secured a $216 million loan from the Texas Energy Fund to expand its TH Wharton power plant in Houston, adding 456 megawatts of electricity generation capacity through two new natural gas units. The investment is expected to bolster the state's power grid and provide reliable, affordable electricity to homes and businesses in the Houston area, with operations set to commence next summer, marking a significant step towards preparing Texas's power supply for future demand and contributing to regional economic growth.
