CPS, AEP Join Buying Bonanza for U.S. Natural Gas-Fired Plants

September 19, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--This week, CPS Energy (San Antonio, Texas) added its name to a growing list of companies that are purchasing natural gas-fired power plants across the U.S., as demand for the fossil fuel rises amid the expanding development of artificial intelligence (AI) and other energy-heavy sectors. American Electric Power Company (Columbus, Ohio) and Blackstone Incorporated (New York, New York) also recently announced high-value gas-fired additions to their portfolios, with the purchased properties to be found in the natural gas-heavy areas of Texas, Ohio and Pennsylvania, respectively. It is not yet known how much the value of natural gas-fired plant acquisitions across the U.S. will be for 2025, but the total is widely expected to exceed the $4.3 billion worth of acquisitions in 2024. Other companies featured PROENERGY, American Electric Power, CPV Group LP, OPC Energy Limited, Ardian, Talen Energy Corporation, Caithness Energy and BlackRock Incorporated.