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NRG Energy Gets Texas Funding for Natural Gas Project
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NRG Energy Gets Texas Funding for Natural Gas Project
Aug 4, 2025 10:07 AM

12:37 PM EDT, 08/04/2025 (MT Newswires) -- NRG Energy ( NRG ) said Monday it has received initial funding for two new natural gas units at its TH Wharton power plant as a part of the Texas Energy Fund Loan Program.

They will add a combined 456 megawatts capacity to the Houston load zone in summer 2026, NRG said. The funding followed a loan agreement with the Public Utility Commission of Texas.

NRG shares were up about 3% in recent trading.

Price: 172.69, Change: +5.06, Percent Change: +3.02

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