EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

Massachusetts OKs Southern Union Acquisitions

LCG, Sept. 11, 2000Southern Union Co. said on Friday that the Massachusetts Department of Telecommunications and Energy has approved its acquisitions of Fall River Gas Co. and Providence Energy Corp.

According to the company, all other required approvals have been granted and both transactions are expected to close by the end of the month, after necessary paperwork has been completed.

"The receipt of the Massachusetts approvals marks the final step in consummating these excitingmergers," said Peter H. Kelley, president and chief operating officer of Southern Union Company. "Southern Union is looking forward to implementing its technology-based customer service initiatives in these service territories."

James Dodge, chairman, president and chief executive officer of Providence Energy, said "The approval by the MDTE represents the final regulatory approval necessary to bring our merger with Southern Union to completion. We can now move forward to finalize this transaction, which we expect toclose by the end of September, and begin our exciting new role as their New England hub."

The MDTE also issued an order approving the merger into Providence Energy of its wholly owned subsidiary North Attleboro Gas Co., which serves about 3,800 customers in Massachusetts, near the Rhode island border. That action cleans up the bill of sale for Southern Union's purchase.

Southern Union said its pending acquisition of Valley Resources Inc. had been approved by the Rhode Island Division of Public Utilities and Carriers and is expected to close on September 20.

The three acquisitions will add about 300,000 customers for Southern Union, making it, in the company's words, "one of the fifth largest natural gas distributors in the nation."

Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service