Tuesday, April 16, 2024 at 4:57 AM
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State joins pitch to lure power plants

State joins pitch to lure power plants

Lt. Gov. Dan Patrick joined with the world’s largest investment firm to pitch investors on building natural gas power plants in Texas at a summit held last week in Houston.

Patrick and BlackRock CEO Larry Fink shared the stage as they attempted to persuade investors to take advantage of $10 billion in incentives and bonuses provided by the state after voters approved a constitutional amendment last November, kut.org reported.

“We estimate in this room there’s $2.2 trillion,” Fink told the crowd. “We only have to put $10 billion to work, so can we get it done? Can we start raising hands?”

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