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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

Enron, Petrobras to Build Power Plant Near Rio

LCG, Sept. 15, 2000Enron Corp. and Petrobras, Brazil's big, government-owned oil and gas business, have formed a partnership to build a 350 megawatt power plant at Seropedica in the state of Rio de Janeiro, an official of Enron South America said yesterday.

Joao Carlos Albuquerque, Enron South America's vice president for supply, said "We chose to go for this partnership with Petrobras to the detriment of other projects in the United States because it will be advantageous for Enron"

The $250 million plant is penciled in to begin commercial operation in June 2001. It will be built adjacent to the site of another Enron project, the Riogen plant which will produce 500 megawatts of power after an investment of about $350 million.

Fuel for the new plant will be provided by Petrobras under a five-year agreement. Albuquerque said it was possible that the plant would be expanded from the initial 350 megawatts, noting that capacities of around 500 megawatts were the norm for new generation.

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