Irving-based Vistra said last week it will build two new natural gas power units at its Permian Basin power plant near Monahans. Vistra said its plans to support grid reliability are “based on customer demand and to meet west Texas’ growing power needs, particularly the state’s expanding oil and natural gas industries.” The two new plants together will produce 860 megawatts and more than triple the site’s current capacity from 325 MW to 1,185 MW.
Jim Burke, president and CEO, said Sept. 29, “We are affirming our multi-year plan to add more than 2,000 megawatts of new capacity in ERCOT between 2004 and 2028… Customers from residential to commercial and industrial are turning to Vistra to help them meet their energy needs.” Adam Steen, mayor of Monahans, added, “Vistra’s Permian Basin power plant has been a part of our community for more than 75 years, and this latest investment will further strengthen our region and our city to ensure we’re part of the energy solution.”
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