NRG Energy Inc. is among the best performing S&P 500 stocks. They secured a loan for a new natural gas project in Texas, with 2 units totaling 456 MW capacity, costing less than $360 million. The project, part of the Texas Energy Fund Loan Program, aims to be operational by 2026 in Houston.

The company is also pursuing projects at Cedar Bayou and Greens Bayou sites under the same program. Approval and completion of all 3 projects could bring over 1.5 GW of new natural gas generation to Texas by 2028, enough to power 1.5 million homes annually. NRG Energy is an energy and home services company in the US and Canada.

Read more at Yahoo Finance: NRG Energy Secures Loan for New Texas Natural Gas Power Plant