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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

AES to Power Congo Magnesium Project

LCG, Sept. 13, 2000A Canadian company that refines magnesium and AES Corp., the big U.S. independent power producer, have signed an agreement for an AES subsidiary to take care of the energy end of a project to develop a magnesium project in West-Central Africa.

William B. Burton, president and chief executive of Magnesium Alloy Corp. of Nova Scotia, said in a statement yesterday that AES Sirocco would be responsible for the entire energy program, beginning with feasibility studies and continuing through construction and operation of energy facilities.

Magnesium Alloy is in the early stages of development of the Kouilou Magnesium Project at Pointe-Noire in the Republic of Congo. The project will produce magnesium metal and alloys at what is said to be one of the world's richest magnesium salt deposits.

The Republic of Congo is a portion of the former French Equatorial Africa. It is frequently confused with the Democratic Republic of the Congo which is the former Belgian Congo and was called Zaire for a time. Neither country can be considered politically stable.

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