AES Corporation Makes $4 Billion Investment in Right to Work Texas
AES Corporation is investing a total of $4 billion in a joint venture with Air Products in Right to Work Wilbarger County, Texas. This will allow them to make some major advancements in green hydrogen production. As a result, they will also create 115 new jobs. So this is a major win for the area’s economy!
From Area Development Magazine:
“We are very pleased to extend our hydrogen leadership and our extensive operations in Texas and announce this exciting joint venture with AES for a new green hydrogen production facility, which will be competitive on a global scale while bringing significant tax, job and energy security benefits to Texas. […] This new facility will be, by far, the largest, fully integrated green hydrogen production facility in the country, using wind and sun energy to produce clean hydrogen for U.S. customers. We are very appreciative of the support of Governor Abbott and state and local officials in the development of this project.†[…]
“This project will capitalize on AES’ strength in energy innovation and Texas’ abundant renewables resources to extend Texas’ leadership position in the energy sector.†[…]
“With the announcement of this groundbreaking facility by Air Products and AES, the State of Texas will extend its leadership in U.S. energy production and help meet our country’s energy needs for decades to come. […] This project will not only bring hundreds of jobs and millions in revenue to the Lone Star State, but will also expand our state’s robust energy sector and further solidify Texas as a global powerhouse in this critical industry. I thank Air Products and AES for choosing Texas, and I look forward to working alongside the two companies and local leaders as we keep Texas a global energy leader.†[…]
“The Air Products/AES hydrogen project is a game changer for Wilbarger County. […] We welcome this project and the significant new jobs to be created during construction and beyond. With this project, we’re entering an exciting next chapter.â€
AREA DEVELOPMENT MAGAZINE
To read the previous Area Development update on Right to Work states, click here.
To read more updates on Right to Work states, click here.