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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

New Hampshire Candidates Vow to Clean Up Old Power Plants

LCG, Oct. 23, 2000--All three candidates for governor in New Hampshire -- incumbent Democrat Jeanne Shaheen, Republican Gordon Humphrey and Independent Mary Brown -- have signed a "clean power declaration" to clean up three of the oldest and dirtiest power plants in the state.

All three plants belong to Public Service Co. of New Hampshire, the state's largest utility and a subsidiary of Northeast Utilities. The facilities are the 459 megawatt Merrimack Station, the 157 megawatt Schiller Station and the 420 megawatt Newington Station.

All three were "grandfathered" from provisions of the federal Clean Air Act, which the New Hampshire Clean Power Coalition regards as a 23-year loophole. The coalition is sponsor of the "clean power declaration."

Doug Boden, coordinator for the Clean Power Coalition and New Hampshire program director of Clean Water Action, said '"We're heartened to know that whoever is elected governor in November, we can now count on their leadership to address the long-standing public health and environmental threats posed by these dirty plants."

All three candidates promised to have the plants meet current standards for emissions within three to five years. The declaration they signed says the power plants cause increased respiratory illness and shortened lives, as well as ecological damage from acid rain, mercury contamination, and global warming.

Maybe -- but New Hampshire and other New England states have a long way to go before their automotive emissions laws come close to those in California and a few other states.

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