# Texas PUC Finalizes West Texas Power Loan

On October 7, 2026, the Public Utility Commission of Texas finalized the ninth Texas Energy Fund loan for Pecos Power Plant LLC’s planned 452 MW natural gas power plant in Reeves County. The project is expected to begin supplying the ERCOT region in 2027. The announcement provides no loan amount, solicitation, or contract number, and does not identify an open procurement opportunity.

- The project signals state-backed investment in Texas electricity generation capacity; the announcement identifies Pecos Power Plant LLC as developer and loan recipient, with Mercuria and Continental Resources as co-sponsors.
- For contractors and suppliers, the project may be relevant to businesses serving power-generation development, but the signal does not specify packages, procurement timelines, or current bid opportunities.
- Companies evaluating the Texas Energy Fund can use this announcement as an example of the program’s support for new in-ERCOT generation; the source does not provide application or solicitation details for this project.

**Jurisdictions:** sled
**Industries:** Energy & Utilities
**Topics:** Grants & Funding
**Published:** October 08, 2026

### Government Entities
- Public Utility Commission of Texas (PUCT)
- Office of the Texas Governor

### Vendors
- Pecos Power Plant LLC (Project developer and loan recipient)
- Mercuria (Co-sponsor)
- Continental Resources (Co-sponsor)

### Key Quotes
> This Texas Energy Fund loan adds more than 450 megawatts of new, reliable natural gas generation in West Texas and fortifies the grid for Texas homes and businesses.
> — Greg Abbott, Governor of Texas

### Sources
- [Governor Abbott Announces Texas Energy Fund Loan For 452 MW West Texas Natural Gas Power Plant | Office of the Texas Governor | Greg Abbott](https://gov.texas.gov/news/post/governor-abbott-announces-texas-energy-fund-loan-for-452-mw-west-texas-natural-gas-power-plant) - TX