DALLAS - A new utility plant being built with proceeds from this week's competitive sale of $230.1 million of thermal utility revenue bonds by the Harris County Health Facilities Development Corp.will provide chilled air and steam to a massive expansion of the Texas Medical Centernear downtown Houston.

Proceeds from the bonds will be used by the not-for-profit Texas Medical Center Central Heating and Cooling Services Corp. - known as TECO from its former name of Thermal Energy Corp. - to build a third thermal energy utility plant in the medical district to meet growing demand.

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