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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

FERC Approves Pipeline to Serve Arkansas Project

LCG, July 28, 2000--The Federal Energy Regulatory Commission has approved construction of an interstate natural gas pipeline that will connect a 2,720 megawatt merchant power plant being built by Panda Energy International Inc. in El Dorado, Ark. with gas producers in Oklahoma, Louisiana and Texas.

Pandas subsidiary for the El Dorado plant, Union Power Partners, and its related pipeline affiliate, Trans-Union Interstate Pipeline, have signed interconnection and transportation agreements with units of El Paso Energy Corp., Gulf States Pipeline Co. and Tennessee Gas Transmission Co.

Panda had asked approval for Trans-Union to build the 42-mile, 30-inch pipeline to connect the power plant with Gulf States in Louisiana and with the Tennessee Gas Transmission line. The hookups will provide the power plant with access to gas basins in the three-state area.

When the El Dorado plant begins commercial operation in the spring of 2002, it will require a maximum of 430,000 million Btu per day of gas.

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