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?”