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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

Nicor Energy Defends Customer Choice Program

LCG, Sept. 26, 2000--Nicor Energy Inc., which saw the customer choice program of its Nicor Gas Co. subsidiary suspended last week by the Illinois Commerce Commission, and rebutted claims by an advocacy group that the company had misled the public.

"We're extremely disappointed about the decision," said Kevin Stoffer, president and chief executive of Nicor Energy. "It's Illinois consumers who will suffer from this decision. We believe in choice for all customers, and this decision takes that opportunity away for customers in northern Illinois."

Stoffer responded to disparaging claims made by the Citizens Utility Board, a self-appointed consumer watchdog, which said Nicor Gas switched customers to an unregulated affiliate without making it clear that Nicor Energy wasn't the same as the gas company. "Our marketingprogram has been forthright and thorough," Stoffer said. "All complaints from our customers have been resolved. The few problems we've encountered have been addressed and always, if customers were unhappy about their choice, we've released them from their contract with no cancellation fee."

"We hope the Illinois Commerce Commission will resolve any outstanding issues and will be able to put choice back into the hands of consumers," Stoffer concluded.

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