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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

Irish Government Power Auction Begins Friday

LCG, Sept. 20, 2000An auction of electricity generated by Ireland's state-owned Electricity Supply Board will begin on Friday, according to the Irish power regulator.

Tom Reeves, Commissioner for Electricity Regulation, said it was important for the auction to proceed rapidly in order for supply contracts to be negotiated by November 1, an essential step to opening the Irish electricity market to competition.

Reeves said he had hoped to complete the auction, which was originally slated for May, by the end of this month. The process was delayed by an action in Ireland's High Court brought by EPower, a new electricity supplier, which complained that regulations favored some new power producers who are expected to bid for ESB power in order to begin selling electricity while their own plants are being built.

Reeves said allowing future suppliers to bid for ESB power was a necessary incentive for them to participate in a liberalized market.

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