FGE TEXAS
Triple Bottom Line
Economic Highlights:
- The FGE Texas Project (FGE Texas I and FGE Texas II) represents over $1.2 billion of direct investment in Mitchell County and the State of Texas
- FGE Texas will create 1,442 MW of electric generation capacity, creating enough electricity to power over 1.5 million Texas homes
- Interconnects at Morgan Creek Substation, with access to both North and West ERCOT zones
- Delivers high efficiency and high flexibility power to meet current and future power supply challenges across Texas helping foster both short and long term economic growth
Social Highlights:
- FGE Texas represents over $1.2 billion of direct and indirect expenditures, over $100 million of additional tax revenue for the county’s tax authorities, and $5 million in annual wages for the facility’s employees
- FGE Texas will create over 600 jobs during construction and over 30 permanent staff positions once fully operational (across Phase I and Phase II)
- Will provide technical job training opportunities in partnership with local and regional colleges/universities
Environmental Highlights:
- Siemens SCC6-5000F power island represents the latest and most efficient technology, delivering one of the cleanest natural gas fueled power plants in the United States and highest efficiency rating in the ERCOT market and the State of Texas
- FGE Texas uses a hybrid cooling system which reduces water consumption by 70% and sources water solely from brackish wells and community effluent wastewater, providing for more sustainable use of water resources
- Interconnects at Morgan Creek Substation, with access to both North and West ERCOT zones
- Direct and indirect reduction in carbon pollution with reliance on clean Texas natural gas and with ability to support greater wind and solar resources across ERCOT