Texas Regulators Bust Arkbit Capital Crypto MLM Fraud Arkbit Capital, along with connected companies, faces a cease-and-desist order from the Texas State Securities Board for fraudulent crypto cloud mining operations. Arkbit Capital is the target of a…

The Public Utility Commission of Texas has approved a $370 million loan for NRG Energy's Greens Bayou facility, which is expected to expand natural gas-fired power generation by 455 MW and complete by 2028. The project, part of the Texas Energy Fund program, will add to an existing generating station near Houston and benefit from a 3% interest rate over 20 years, covering nearly 60% of the estimated $617 million total cost.