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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

New York's Cross Bay Pipeline Files FERC Application

LCG, July 24, 2000--Cross Bay Pipeline Co., a joint venture between KeySpan Corp., Duke Energy Corp. and The Williams Cos., said Friday it had asked the Federal Energy Regulatory Commission for permission to increase deliveries of natural gas across Lower New York Bay and into New York City.

The $59.5 million project will include transfer of ownership of about 37 miles of Williams' existing Transco Lower New York Bay Extension to Cross Bay, an expansion of those existing facilities through construction of a 16,000 horsepower compressor station in Middlesex County, N.J., pipe replacement and system modifications.

Williams and Duke each have a 37.5 percent ownership interest in Cross Bay, while KeySpan owns 25 percent. Construction is scheduled to begin in July of next year with completion expected by Dec. 1, 2002.

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