CPS Energy Acquires Four Power Plants to Enhance Texas Grd
San Antonio utility secures four natural-gas plants to boost energy reliability across Texas.
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San Antonio, TX — CPS Energy announced a $1.3 billion acquisition of four modern natural-gas power plants in Southeast Texas, adding 1,632 megawatts to the state’s grid, as detailed in a press release.
The Details:
The plants, located in Harris, Brazoria, and Galveston Counties, can transition to hydrogen blends to reduce emissions and are expected to close later this year, enhancing reliability for Texas homes and businesses.
CPS Energy cites the purchase as a cost-effective alternative to new construction, avoiding higher costs and long timelines.
CPS CEO Rudy Garza said, “This move ensures affordable and dependable power as demand grows.”
The acquisition supports the Electric Reliability Council of Texas (ERCOT) region, reinforcing energy stability.
Why It Matters:
This investment strengthens Texas’s energy infrastructure, supporting economic growth amid rising power needs.