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Have an invite code? Sign up → The Energy Capital Podcast
Aug 26, 2026 · 41m · 3 min read
Christian Nagel of Rayburn Electric Cooperative lays out how the G&T co-op moved from a low-capital "paper" power supply model to owning dispatchable steel-in-the-ground assets after Winter Storm Uri, culminating in the 750 MW Rayburn Energy Station acquisition (2023) and a new Siemens SGT-A100 simple-cycle buildout financed by the Texas Energy Fund's first co-op loan: 3% on 60% of project cost, 20-year note, closed in June after two years of PUCT diligence. Rayburn is also scaling a DER program with Base Power batteries (also live at El Paso Electric) aimed at coincident-peak shaving as data centers threaten to double or triple its peak load. No price or market calls; this is a financing-and-infrastructure strategy interview.
This is the super-short version — click for the full summary →