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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

Transformer Fire Shuts Down Brunswick Unit 2

LCG, Sept. 22, 2000A fire in the main transformer of Unit 2 of the Brunswick nuclear power plant caused operators of the 820 megawatt reactor belonging to Carolina Power & Light Co. to shut down the facility at 3:46 this morning.

The plant's fire brigade extinguished the fire within 16 minutes, CP&L said, adding that the fire department from nearby Southport was called as a backup but was not needed.

The damaged transformer will require replacement, and the reactor will be taken to cold shutdown as a consequence. CP&L did not say how long it would take to replace the equipment. The company said it reported the incident to the Nuclear Regulatory Commission as an "Unusual Event," the lowest of four classifications used by the NRC for events at commercial nuclear power plants.

Brunswick Unit 1 continued to operate at 100 percent of capacity at the two-unit plant located at Cape Fear on the North Carolina coast.

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