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).