What is the latest status of the project “Permian Basin Combined-Cycle Gas Power Plant”?

The status recorded for “Permian Basin Combined-Cycle Gas Power Plant” is planned.

What is the budget and commercial profile for the project “Permian Basin Combined-Cycle Gas Power Plant”?

Taiyo normalizes the budget of “Permian Basin Combined-Cycle Gas Power Plant” to USD 1100000000.

Where can I verify the source and access all details for “Permian Basin Combined-Cycle Gas Power Plant”?

This Taiyo project page references Bloomberg along with the original URL (https://www.bloomberg.com/news/articles/2025-10-30/texas-backs-permian-gas-power-plant-with-1-1-billion-loan-as-ai-demand-soars). Taiyo standardizes official data into a consistent, searchable project profile.

Permian Basin Combined-Cycle Gas Power Plant

Sector: Natural Gas • Location: Texas, United States

Source: Bloomberg

Project

Planned

A proposed 1,350-megawatt combined-cycle natural gas power plant in the Permian Basin, Texas, supported by a $1.1 billion low-interest loan from the Texas Energy Fund. The plant is expected to start operations by 2029 and supply electricity to about 850,000 homes in West Texas, a growing hub for AI data centers. The project is part of a state program to increase dispatchable power generation follo

Status: Prospective
Sector: Natural Gas, Power Generation (CCGT)
Location: Texas, United States of America
Updated: 22 Jul 2026
Source: Bloomberg

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Project Information

4 Q

The project “Permian Basin Combined-Cycle Gas Power Plant” is an infrastructure initiative in the Natural Gas sector, located in Texas, United States. Taiyo aggregates data on it from Bloomberg.

Participants

Not available for this record.

Status

Original status	planned
Taiyo status	Prospective
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	A proposed 1,350-megawatt combined-cycle natural gas power plant in the Permian Basin, Texas, supported by a $1.1 billion low-interest loan from the Texas Energy Fund. The plant is expected to start operations by 2029 and supply electricity to about 850,000 homes in West Texas, a growing hub for AI data centers. The project is part of a state program to increase dispatchable power generation following blackouts in 2021 and is fully permitted for future carbon capture integration.
Original sector	Energy
Budget

Location

Country	United States of America (USA)
State	Texas

Source

Source	Bloomberg
URL

More Details

Record type	Project
Sector	Natural Gas, Power Generation (CCGT)
Article published date	2025-11-02

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Permian Basin Combined-Cycle Gas Power Plant

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