PUCT Executive Director Connie Corona

PUCT Executive Director Connie Corona

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Public Utility Commission of Texas Denies Application for Texas Energy Fund Loan Program Amid Rigorous Scrutiny

The Public Utility Commission of Texas (PUCT) recently made headlines by denying an application submitted under the Texas Energy Fund (TEF) In-ERCOT Generation Loan Program. The application, labeled “Application 162 – NextEra and Aegle Power,” did not pass the due diligence phase, marking a significant step in ensuring that only financially sound and viable energy projects benefit from the fund.