
The selected projects, totaling nearly 10,000 megawatts in power generation capacity, will advance to the next stage of the fund’s application review process, the Texas PUC said. Approved applicants are expected to receive initial loan payments by Dec. 31, 2025.
The PUC received 72 applications for the loan program, with requests adding up to about $24 billion in funding for projects totaling more than 38,000 megawatts, the PUC said.
(Reporting by Laila Kearney; Editing by Lisa Shumaker)