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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

Nuclear Regulator Apologizes for Tokaimura Accident

LCG, July 10, 2000--Japans Nuclear Safety Commission apologized in a report submitted to the cabinet Friday for the accident last September that took two lives at the Tokaimura nuclear fuel processing plant 75 miles northeast of Tokyo.Two workers died and a third was badly injured as a result of radiation exposure that occurred when they inadvertently started a nuclear chain reaction. The three had been using ordinary buckets to mix uranium and nitric acid in an unprotected tank. One of them said they were using the shortcut to save time.The commissions report blamed a lack of safety culture for the accident, and took responsibility for not establishing such a culture.We deeply regret that the commission could not fulfill its duties, and we feel tremendous responsibility over being unable to respond to the publics trust, the report said.The commission was more than willing to share the blame with the plants operator, Japan Nuclear Cycle Development Institute. JCN, it pointed out, had instituted procedures not authorized for nuclear installations and then had not even followed its own procedures.
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