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Three Texas Gas-Fired Plants Sold in $635 Million Deal

November 13, 2023

A France-based energy group said it has an agreement to buy three natural gas-fired power plants in Texas. The facilities, one near Dallas and two south of Houston, represent about 1.5 GW of generation capacity.

TotalEnergies, a multinational company operating in several energy sectors and headquartered in Paris, France, announced the $635 million deal on Nov. 13. The plants have been owned by Houston-based TexGen Power. The facilities operate within the Electric Reliability Council of Texas (ERCOT).

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