NEW YORK (Reuters) – Texas energy regulators rejected applications for state funding for a power plant project days after naming the project a finalist for a new state program to expand natural gas-fired electricity generation, state documents show.
The Public Utilities Commission of Texas (PUTC) on Wednesday night rejected the state’s funding application for a 1.3-gigawatt natural gas plant proposed by Aegle Power. The commission said the application “did not meet due diligence requirements.”
Aegle Power could not immediately be reached for comment.
The application describes the project as a joint effort between Aegle Power and NextEra Energy Resources, a subsidiary of NextEra Energy Inc. PUTC announced last week that the plant had been selected from a small group of projects that would advance toward obtaining government-backed financing under the recently created Texas Energy Fund (TEF).
A NextEra official, however, wrote to the PUTC on Monday to say that NextEra was not aware of or had consented to being listed as a candidate with Aegle on the project.
“NextEra is not seeking funding under the TEF program, is not participating in the project for which NextEra was named, and hereby requests that NextEra be immediately removed from the PUCT records as a sponsor of the Aegle Power project,” NextEra’s letter states.
(Reporting by Laila Kearney, editing by Mark Porter)
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