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flag CPS Energy buys four Texas gas plants for $1.387B to improve reliability and support clean energy goals.

flag CPS Energy, San Antonio’s municipal utility, has agreed to buy four natural gas power plants in Texas for $1.387 billion to boost reliability and affordability. flag The plants, located in Harris, Brazoria, and Galveston counties, have a combined capacity of 1.632GW—enough to meet over a quarter of the utility’s peak demand. flag The acquisition helps avoid high construction costs, inflation, and delays of building new facilities. flag The plants are dual-fuel capable, supporting future transitions to hydrogen. flag This move aligns with CPS Energy’s strategy to expand its diverse energy mix, including solar, wind, and storage, while advancing clean energy initiatives.

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