“This project is another step toward keeping our grid strong and our economy the envy of the world,” Gov. Greg Abbott said.
MORE►
ERCOT
Rayburn Electric Cooperative acquired the Panda Sherman Power Plant in 2023 and renamed it Rayburn Energy Station 1. The new Sherman power plant, Rayburn Energy Station 2, will be built nearby. [Photo: Rayburn Electric Cooperative]
Texas Energy Fund Backs New Sherman Power Plant With $411M Loan
by David Seeley | Jun 4, 2026
The 570-megawatt natural gas plant is the latest project backed by the Texas Energy Fund to add dispatchable power to the ERCOT region. The loan to Rockwall-based Rayburn Electric Cooperative is the seventh issued through the state’s In-ERCOT Generation Loan Program.
“This project is another step toward keeping our grid strong and our economy the envy of the world,” Gov. Greg Abbott said.
“This project is another step toward keeping our grid strong and our economy the envy of the world,” Gov. Greg Abbott said.
by Sandra Engelland |
Jan 6, 2026
The acquisition includes three combined cycle gas turbine facilities and two combustion turbine facilities located across Pennsylvania, New Jersey, and Maryland; four combined cycle gas turbine facilities in New England, and one ERCOT cogeneration facility in Texas.
MORE►
by David Seeley |
Jul 31, 2025
In its first phase, the hyperscale campus northwest of Waco will encompass more than 190,000 square feet, with scalable capacity to meet future demand. It will feature "climate-neutral initiatives, water conservation, biodiversity protection, and capabilities to respond during ERCOT grid emergencies," the companies said.
MORE►
by Lance Murray |
Oct 7, 2024
The move follows JBB's $12 billion sale of Tronic in March. Proteus is an international developer of utility-scale renewable energy. Its headquarters in Houston will move to JBB Advanced Technologies' headquarters in Carrollton, with all current employees being retained, and a branch office is planned for Lubbock, JBB said.
MORE►
DI People: Toyota, ERCOT, Bank of Texas, Comerica Bank, LERMA/, and More Make Leadership Moves
by Lance Murray | Aug 19, 2022
In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from UTD's Center for Brainhealth, DART, Enseo, LiquidAgents/StaffDNA, Alpine Advanced Materials, Runway Growth Capital, Optic Gaming, Dallas Thrives, Downtown Dallas Inc., TechGenies, Kainos Capital, Texas Motor Speedway, and more.
MORE►
