NRG Energy Secures $216M Loan for New Texas Natural Gas Power Plant
ByAinvest
Wednesday, Aug 13, 2025 3:18 pm ET1min read
NRG--
NRG Energy secured a $216 million loan at a 3% interest rate for a new 456 MW natural gas generation project at its TH Wharton power plant in Houston, Texas. The loan is part of the Texas Energy Fund's In-ERCOT Generation Loan Program and has a 20-year term. The project is expected to begin operations by summer 2026 and is the second loan agreement finalized under the TEF program.
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