HOUSTON--(BUSINESS WIRE)--Aug 4, 2025-- NRG Energy, Inc. (NYSE:NRG) executed a loan agreement with the Public Utility Commission of Texas (PUCT) and received initial funding for two new natural gas units at the company’s existing TH Wharton power plant as a part of the Texas Energy Fund (TEF) Loan Program. The combined 456 MW nameplate capacity units are expected to start bringing reliable power to the constrained Houston load zone in Summer 2026. “Demand for electricity across Texas is surging, and we’re working quickly to supply new dispatchable natural gas generation to the grid,” said Robert J. Gaudette, Executive Vice President, President of NRG Business and Wholesale Operations.
NRG Closes on Texas Energy Fund Loan for 456 MW Natural Gas Generation Project