Competitive Power Highlights | September 2026
America’s electricity demand is growing, and competitive power companies are putting new generation in motion to help maintain reliability, support economic growth, and meet customer needs.
This month, EPSA members advanced projects across natural gas and solar generation, from CPV’s 2,100-megawatt Shay Energy Center in West Virginia to Invenergy’s 120-megawatt Quincy Solar Energy Center in Washington. NRG also announced plans to advance a new 1.2-gigawatt natural gas plant in Texas, supported by long-term commitments for turbines and construction.
Strong market signals are encouraging continued investment in existing resources that help support reliability and serve customers. LS Power agreed to acquire the 606-megawatt Brazos Valley Energy Center in Texas, while Rockland Capital completed the sale of two PJM power plants totaling more than 1,200 megawatts, demonstrating continued investor interest in operating these essential power assets.
These investments are delivering benefits beyond additional generation capacity. They are supporting thousands of jobs, millions of dollars in local economic activity, and investments in the communities where competitive generators operate. From new construction and local tax revenue contributions to support for first responders, families, students, and community organizations, EPSA members continue to invest in the power infrastructure—and people—needed for America’s next chapter of growth.
In total, competitive power generators have announced more than 43,000 MW of new power supply in the PJM region alone, with more in competitive electricity markets throughout the U.S.
Read on for updates from Competitive Power Ventures, Invenergy, NRG, LS Power, Rockland Capital, and TXU Energy.
Competitive Market Investment By the Numbers
Each month, Competitive Power Highlights tracks investments, project milestones, and community initiatives announced by EPSA member companies across competitive electricity markets.
3,789 MW:
New generation being advanced across CPV, Invenergy, and NRG projects.
1,263 MW:
Existing PJM generation continues to be supported by investors, as demonstrated by Rockland Capital’s sale of power assets to Hull Street Energy.
606 MW:
Existing natural gas generation being acquired by LS Power in Texas to help meet rapidly growing electricity demand.
25,000+ homes:
Expected to be powered by Invenergy’s Quincy Solar Energy Center.
1,400+ jobs:
Expected from NRG’s new Texas natural gas project
2,017+ volunteer hours:
Contributed by 977 NRG employees through the 2026 Back-to-School campaign
Bringing New Power Online
CPV Secures Gas Supply for 2,100-MW Shay Energy Center in West Virginia
Competitive Power Ventures (CPV) secured a 10-year gas supply agreement with EQT for the 2,100-megawatt CPV Shay Energy Center in West Virginia, supporting the project’s path toward commercial operation.
The agreement provides a long-term supply of natural gas for the project as CPV advances development of the facility, which will add significant new generation to the PJM market.
Invenergy Breaks Ground on 120-MW Quincy Solar Energy Center
Invenergy broke ground on the 120-megawatt Quincy Solar Energy Center in Washington, marking the company’s first solar development to reach construction in the state. Once operational, the project is expected to provide clean, reliable solar energy to the local grid and generate enough electricity to power the equivalent of more than 25,000 Washington homes.
“We’re proud to partner with Grant PUD on its first solar project in the county and help advance a shared goal of delivering reliable, affordable electricity while creating lasting economic benefits for Grant County,” said Mateo Gomez, lead developer for Quincy Solar at Invenergy. “As Washington experiences growing electricity demand and increasing pressure on the grid from extreme weather conditions, projects like Quincy Solar help strengthen energy security and support a more resilient energy future.”
Quincy Solar is expected to support more than 200 jobs at peak construction and contribute more than $27 million to the local economy over the life of the project through land lease payments, local taxes, and other expenditures. The project is expected to reach commercial operations in late 2027.
The project also reflects Invenergy’s investment in the surrounding community. At the groundbreaking, the company presented a $20,000 donation to Grant PUD’s Share the Light program, which will help more than 600 local families in need with their electric bills.
NRG Advances New Texas Natural Gas Plant to Support Growing Demand
NRG announced they are advancing a 1.2-gigawatt combined-cycle natural gas plant in Texas with a leading global cloud and AI hyperscaler.
The project is part of the company’s “Bring Your Own Power” initiative and is supported by NRG’s agreement with GE Vernova and Kiewit to secure turbines. Noting that “This investment also has to work for the surrounding community,” NRG President and CEO Rob Gaudette said it is expected to create more than 1,400 high-paying construction jobs while generating significant new tax revenue for local governments and schools.
Gaudette highlighted NRG’s competitive business model and years of experience, noting that the company has in-house capabilities to develop, engineer, interconnect, commission, and operate power generation assets across their full life cycle. “We’ve built those capabilities over decades and are proving them today,” he said. “From the beginning, we’ve been focused on serving the next wave of power demand the right way.”
Capital Continues to Flow to Existing Power Supply
LS Power to Acquire 606-MW Brazos Valley Energy Center in Texas
LS Power entered into an agreement to acquire the 606-megawatt Brazos Valley Energy Center, a combined-cycle natural gas facility in Texas, from fellow EPSA member Constellation. The transaction is expected to close in the fourth quarter, subject to regulatory approval.
“Texas is experiencing exceptional economic growth as its pro-business policies continue to attract companies, investment and jobs from across the country,” said Paul Segal, CEO of LS Power. “That growth is driving rapidly increasing demand for electricity, while new generation projects can take years to develop and bring online.”
The acquisition keeps 606 MW of existing generation in the competitive power fleet, while highlighting the value of reliable existing resources as Texas electricity demand grows. For LS Power, the acquisition complements investments to expand power supply through uprates at existing facilities and development of new generation projects across the country.
Rockland Capital Completes Sale of Two PJM Power Plants
Rockland Capital completed the sale of two PJM power plants to Hull Street Energy: the 677-megawatt gas-fired Lee County Generating Station in Illinois and the 586-megawatt dual-fuel Tait Electric Generating Station in Ohio.
The facilities, which have a combined capacity of 1,263 megawatts, are now part of Hull Street’s GridFlex Portfolio. The transaction reflects continued investor interest in existing competitive generation as electricity demand grows and reliable power supply takes on increasing value across U.S. power markets. “Dispatchable resources are increasingly important as the resource mix becomes more intermittent and demand grows. This is particularly true in PJM where declining reserve margins are increasing the need to retain and improve assets like Lee and Tait,” said Sarah Wright, founder and managing partner of Hull Street Energy.
EPSA Members Give Back to Their Local Communities
EPSA member companies continued investing in the communities where they operate through support for education, recreation, emergency services, environmental stewardship, food assistance, and energy affordability programs.
Invenergy donated $12,500 to the Lazbuddie Volunteer Fire Department during a July 21 ribbon-cutting ceremony marking the completion of the Lazbuddie Wind Energy Center in Parmer County, Texas.
The donation will help the volunteer department purchase equipment and other resources used for fire, medical, and public safety responses in Lazbuddie and surrounding areas. The ceremony also marked the wind energy center’s transition from construction to full-scale electricity generation.
“The Lazbuddie Wind Energy Center project is about more than generating electricity; it’s about investing in the communities where we live and work,” said Bristi Cure, Invenergy’s senior vice president of development. “We’re proud to celebrate this day alongside our local partners and demonstrate our long-term commitment through support of the Lazbuddie VFD.”
NRG launched its 2026 Back-to-School campaign as part of Brighter Communities, the company’s new enterprise-wide philanthropy and community engagement program. This year’s campaign spans 23 communities, more than 50 volunteer events, and nine U.S. states and Canadian provinces, bringing NRG employees together to support students and families ahead of the new school year.
To date, 977 NRG employees have contributed more than 2,017 volunteer hours, helping pack and distribute 177,484 meals for children facing food insecurity, 18,317 school supply kits, and 1,364 backpacks filled with school supplies.
“Back-to-School is about more than supplies. It’s about showing up for the communities that show up for us every day,” said Melissa Hensley, senior director of community investment and engagement at NRG Energy. “Our Brighter Communities initiative is proof of what’s possible when a company makes community investment a business priority, not an afterthought.”
TXU Energy joined BakerRipley Pasadena in providing fans to seniors in Texas, helping residents stay cool during the summer heat.
More in This Series:
America’s competitive power producers are meeting today’s challenges by investing in the resources needed to support reliability, meet growing demand, and serve consumers. Competitive electricity markets continue to attract private capital, discipline costs, encourage innovation, and expand electricity supply across the country.
