Acquisition of Four Southeast Texas Power Plants by CPS Energy

planned

CPS Energy plans to acquire four natural gas power generation facilities from PROENERGY in Southeast Texas. These plants have a combined electric capacity of 1,632 megawatts and are located in Harris, Brazoria, and Galveston Counties. The acquisition aims to lower costs, reduce supply chain risks, and enhance energy reliability. The plants are capable of transitioning to a hydrogen fuel blend to reduce carbon emissions. PROENERGY will continue to staff and operate the plants under agreements with CPS Energy.