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Calpine Closes Texas Energy Fund Loan for 460-MW Pin Oak Creek Peaking Facility

LCG, October 14, 2025--Calpine Corporation today announced the close of a Texas Energy Fund (TxEF) loan agreement to support development of the Pin Oak Creek project, a 460-MW, natural gas-fired peaking facility adjacent to Calpine's Freestone Energy Center, a gas-fired combined-cycle facility located on approximately 506 acres near Fairfield, Texas.

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Greenflash Infrastructure Closes Transaction for ERCOT's Largest Battery Storage Project Under Construction

LCG, October 7, 2025--Greenflash Infrastructure, L.P. ("Greenflash") today announced that it has successfully closed a hybrid tax capital and debt financing for Project Soho - a 400MW / 800MWh standalone battery storage project in Texas.

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Industry News

Kinder Morgan to Fuel Calpine’s Pasadena 2 Plant

LCG, July 6, 2000--Kinder Morgan Inc. said yesterday a subsidiary would provide about three-quarters of the natural gas needed by Calpine Corp.s new Pasadena 2 cogeneration plant in Texas under a contract that will continue through the summer of 2002.Kinder Morgan Texas Pipeline will supply the Calpine plant with 60,000 MMBtu of natural gas per day under the agreement. Kinder Morgan already provides 100 percent of the natural gas Calpine burns at its Pasadena 1 plant.Diana Naylor, a Calpine senior vice president, said her company was pleased with the arrangement. They (Kinder Morgan Texas Pipeline) have provided Calpine with professional and reliableservice in the past and we are confident that they will continue to do so in the future, she said.Richard D. Kinder, chief executive of his company, noted that Natural gas has become the fuel of choice for power generation, and a number of new gas-fired plants are planned to be built in close proximity to our extensive pipeline system during the next few years.
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