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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

AEP May Step Up Cook Unit 2 Restart

LCG, Sept. 28, 2000--Officials at American Electric Power's Cook nuclear power plant in Michigan told the Nuclear Regulatory Commission yesterday that the 1,020 megawatt Cook Unit 1 remains on schedule for restart in the first quarter of 2001, though things are going well enough that the date may be moved forward.

Both units at the plant were shut down for safety reasons in September 1997. The 1,090 megawatt Cook Unit 2 was returned to service last June and has been operating smoothly, according to AEP. "The good performance of Unit 2 during this first 100-day period can be attributed to our focus on safety and quality during the rigorous restart effort," said Bob Powers, senior vice president for nuclear operations.

Powers said the restart of Unit 1 could be moved forward from its present schedule and the Nuclear Regulatory Commission has been alerted to that possibility. "Many variables may yet affect the restart schedule," he said, "But we believe it is prudent to ensure that everyone is prepared in the event an early restart is feasible. In any event, our focus will continue to be safety and quality."

AEP met with NRC officials well into yesterday evening to discuss the restart schedule and the agency's new reactor oversight process.

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