Texas Backs Permian Gas-Fired Power Plant With $1.1 Billion Loan as AI Demand Soars
Texas is backing a proposed Permian Basin power plant fueled by natural gas with a $1.1 billion low-interest loan, the largest such project under a state program aimed to shore up supplies after widespread blackouts in 2021.
(Financial Post, 2025-10-30T15:17:37Z)