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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

Enron to Build 1,200 Megawatt Plant Near Cadiz

LCG, July 19, 2000--Enron Corp. said yesterday that it would build a 1,200 megawatt gas-fired power plant in southwest Spain, becoming the first foreign company to enter the Spanish electric power generation market.

The first of several, the Spanish government hopes. Last month, the government said it would introduce full competition to the power generation sector by 2003, four years ahead of a previously announced schedule.

The U.S. energy company said it had received Spanish government approval to build the new facility in Arcos de la Frontera, about 20 miles inland from the port of Cadiz.

Enrons Eric Gonzales said "We believe this is a very positive move toward the liberalization of the Spanish energy market and will help Enron to consolidate its presence in Spain, as well as increase its business opportunities."

Plans call for construction to begin this autumn and commercial operation to begin in early 2003. Enrons investment in the facility will be about $445 million.

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