Sign up for The Brief, The Texas Tribune’s daily newsletter that keeps readers up to speed on the most essential Texas news. Last year, the state tapped Deloitte to administer the Texas Energy Fund, a $5 billion voter-approved fund to provide 3% interest loans to build or upgrade gas-fueled power plants. State lawmakers got the idea for the fund after Winter Storm Uri overwhelmed the state power grid in 2021, prompting blackouts that left millions of Texans without electricity or heat for days in freezing temperatures.