San Angelo, TX, October 7, 2026 — A new 452-megawatt natural gas power plant is slated for development in Reeves County, West Texas, following the approval of a loan from the Texas Energy Fund. The announcement was made by Governor Greg Abbott.

The project is being undertaken by Pecos Power Plant LLC. The co-sponsors for this development are identified as Mercuria and Continental Resources. This initiative aims to bolster the power generation capacity within the Electric Reliability Council of Texas (ERCOT) grid.

Officials expect the new plant to contribute significant and reliable power generation. The projected completion and operational date for the facility is 2027. The Texas Energy Fund provides financing for projects intended to enhance the state’s energy infrastructure and reliability.

Details regarding the specific amount of the loan from the Texas Energy Fund were not provided in the summary. Furthermore, the summary did not include information on potential construction timelines beyond the 2027 operational target, specific locations within Reeves County, or any environmental permitting status or outcomes.


Story summarized from the original created by ryanchadwick on sanangelolive.com, see more information here.

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