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  • NRG Energy Will Build New 455-MW Gas-Fired Plant Near Houston

    NRG Energy is the latest Texas-based utility to receive a loan agreement from the Texas Energy Fund (TxEF). The company plans to use the funding to support construction of a 455-MW natural gas-fired station at the site of the group’s current Greens Bayou Generating Station in Harris County, near Houston.

  • National Rural Utilities Cooperative Finance Corporation Selects FIS for Commercial Loan Enhancement

    Key Facts National Rural Utilities Cooperative Finance Corporation (CFC) selected FIS Commercial Lending Suite to consolidate loan origination and back office servicing. FIS Commercial Lending solution will consolidate CFC’s legacy lending systems into one fully integrated front to back solution JACKSONVILLE, Fla., October 28, 2020 – Financial technology leader FIS® (NYSE:FIS) today announced that it […]

  • Rural Electric Cooperatives: Debt Rules Need to Change

    The National Rural Electric Cooperative Association (NRECA) is working feverishly to get a provision into the next COVID-19 stimulus package that would allow electric cooperatives to reprice loans from the Rural Utilities Service (RUS) at current low interest rates without penalties. The change could save co-ops more than $10 billion. The RUS, which is a […]