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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

Kyoto Protocols Toughest on Minorities, Report Says

LCG, July 10, 2000--A study released last week by the Center for Energy and Economic Development and supported by minority business groups warns that 864,000 blacks and 511,000 Hispanics would be thrown out of work if the U.S. Senate ratifies the Kyoto global warming treaty.The study also warned that putting the Kyoto protocols into effect in the United States would result in a 10 percent drop in income for the 25 million blacks and Hispanics lucky enough to keep their jobs.The report, Refusing to Repeat Past Mistakes, says Policymakers fail to recognize that the higher energy costs that will result if the Kyoto Protocol is implemented will disproportionately harm Americas minority communities, and place the economic advancement of millions of U.S. Blacks and Hispanics at risk.It points to independent research which shows that between 1.5 million and 3 million American workers could lose their jobs as a result of putting the Kyoto protocols into effect, and says a good portion of those workers would be minorities.Some seem to forget the harsh lessons that we learned in the 1970s when an inadequate energy policy resulted in economic devastation for millions within the black and Hispanic communities, said Oscar Sanchez, executive director of the Labor Council for Latin American Advancement, one of the groups sponsoring the study.
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