Texas is taking a major step toward strengthening grid reliability—and Summit Industrial is proud to be part of the industry driving this progress. Governor Greg Abbott recently announced the first Texas Energy Fund (TEF) loan agreement, which will finance the Rock Island Generation Project: a 122 MW natural gas power plant in Colorado County. This facility will deliver reliable, dispatchable power to ERCOT’s Houston Load Zone, one of the largest electricity demand centers in the nation.
The project, sponsored by Kerrville Public Utility Board (KPUB), represents a $175 million investment in Texas’ energy future, supported by a 20-year, $105 million TEF loan at 3% interest. Scheduled to begin operations by June 2027, this plant will play a critical role in meeting Texas’ growing energy needs and ensuring stability for millions of homes and businesses.
At Summit Industrial, we understand the importance of projects like Rock Island and we are proud to be an integral part of this project. Our expertise in industrial construction and energy infrastructure positions us as a trusted partner for initiatives that power Texas forward. As the state continues to expand its dispatchable generation capacity, over 9,100 MW of additional projects are already under review. Summit remains committed to delivering safe, efficient, and innovative solutions for the energy sector.
Powering Texas. Building the Future. That’s Summit Industrial.