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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

Temelin Nuclear Plant Likely to Start in September

LCG, July 24, 2000--One unit of the controversial nuclear power plant nearing completion near Ceske Budeovice in the Czech Republic could start up in late August or early September, according to the U.S. company called in to bring the Soviet-designed facility up to Western standards.

Westinghouse Electric Co. said Friday it had completed installation of fuel assemblies in the 1,000 megawatt Unit 1 of the Temelin nuclear power plant and the facility would begin "critical testing," meaning a nuclear reaction would be taking place, late next month or in early September.

The Temelin plant, which has been under construction for 15 years, has been the subject of heated diplomatic objections from neighboring Austria, whose government is opposed to nuclear power.

With the Czech application to join the European Union contingent in part on upgrading the plant to meet Western standards for safety and operation, Westinghouse was called in and awarded five contracts which included replacement of the entire instrumentation and control system, supply of nuclear fuel and associated components, the diagnostic and monitoring system, and the radiation monitoring system; and developing emergency operating procedures.

The company said its work will make Temelin equal to any advanced nuclear power plant in the world. Jeffery L. Pelusi, director of European Projects for Westinghouse Nuclear Automation, said "The Temelin project is without question the most complex integrated information, control andprotection system ever installed."

Pelusi added "Once operational, Temelin will provide the Czech Republic with clean, efficient nuclear energy that is produced in a nuclear power plant that is both economical and safe."

The Bohemian city of Ceske Budeovice is known by Germans as Budweiss, and for centuries beer brewed there has been called Budweiser. That has long been a bone of contention between the Czech city and Anheuser-Busch of St. Louis.

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