Rayburn completed the acquisition of the Panda Sherman Power Plant.

Rayburn, an energy company, agreed to acquire the Panda Sherman Power Plant, a clean natural gas-fueled field. Financial terms were not disclosed. “Rayburn Energy Station is a powerful and effective expansion of Rayburn’s energy portfolio. Our investment reflects our commitment to reliably and affordably meet the growing demand of our four Member cooperatives as we navigate the dynamic Texas energy market,” David A. Naylor, Rayburn President and CEO.