Sorry, you need to enable JavaScript to visit this website.

Pitch made for new natural gas power plants in state

February 14, 2024 - 00:00
Posted in:
Article Image Alt Text

Lt. Gov Dan Patrick joined with the world’s largest investment firm to pitch investors on building natural gas power plants in Texas at a summit held last week in Houston.Patrick and BlackRock CEO Larry Fink shared the stage as they attempted to persuade investors to take advantage of $10 billion in incentives and bonuses provided by the state after voters approved a constitutional amendment last November, kut.org reported.“We estimate in this room there’s $2.2 trillion,” Fink told the crowd. “We only have to put $10 billion to work, so can we get it done? Can we start raising hands?”While Patrick ...

PLEASE LOG IN FOR PREMIUM CONTENT. Our website requires visitors to log in to view the best local news. Not yet a subscriber? Subscribe today!