Goose Creek ISD reviews $825M investment for new NRG power plant project

The Goose Creek Consolidated Independent School District (GCCISD) Board Meeting held on May 6, 2025, focused on a significant economic development project involving the construction of a new electric power generation plant. The meeting began with a discussion on the potential benefits of the project, which is expected to create jobs and provide financial advantages to the district, despite changes in the financial landscape under Chapter 313 agreements.

The project, proposed by NRG, involves a $825 million investment to build a 721 megawatt natural gas-fired power plant in Chambers County, near the Baytown Industrial Park. The board reviewed the findings from the Texas Comptroller, confirming that the project is eligible and has undergone a thorough analysis to assess its potential to generate local tax revenue sufficient to offset any losses in school district maintenance and operation funds.

Key details highlighted during the meeting included the requirement for a three-party agreement between the company, the school district, and the governor's office. The project mandates a minimum investment of $20 million, given the county's population of under 100,000. The board noted that the project is not located in a qualified opportunity zone, which affects the financial incentives available.

The timeline for the project indicates that it is expected to be operational by 2029, with the board currently in the public hearing stage of the application process. If approved, the governor's office will notify GCCISD within seven days, leading to the execution of the agreement.

The board also discussed the implications of the project on the district's tax base and future bond capacity. While the revenue generated from this project may not match previous Chapter 313 agreements, it is anticipated to enhance the district's financial standing and support future bond elections.

Next steps include a board vote on the JEDI project, with the possibility of further negotiations with the governor's office regarding the agreement's terms. The meeting concluded with an acknowledgment of the project's potential to stimulate economic growth and job creation in the region, despite the limitations imposed by current legislative frameworks.