Houston Public MediaSep 17, 2025

CPS Energy has agreed to purchase four natural gas power plants in Harris, Brazoria, and Galveston counties for nearly $1.4 billion from PROENERGY, which will continue to maintain and operate the plants.

https://www.houstonpublicmedia.org/articles/news/energy-environment/2025/09/17/531085/cps-energy-to-acquire-4-natural-gas-plants-in-the-houston-area-as-a-cost-saving-measure-to-meet-demand/

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CPS Energy to acquire 4 natural gas plants in the Houston area as a cost-saving measure to meet demand

It's part of a broader strategy by San Antonio's municipally-owned utility to acquire relatively new plants instead of building more plants itself to address energy demand.

Houston Public Media