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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

Fuel Cell Energy to Make Power at Sewage Facility

LCG, Jan. 25, 2001Fuel Cell Energy Inc. said this morning that it had signed a deal with King County, Wash., to install a one megawatt fuel cell at a county sewage treatment plant in Renton as a demonstration project partly funded by the U.S. Environmental Protection Agency.

The $18.8 million cost of the two-year demonstration project at the South Wastewater Treatment Facility will be borne equally by Duel Cell Energy and King County, the company said. The amount of money kicked in by the EPA was not disclosed.

According to Jerry Leitman, chief executive of Fuel Cell Energy, the installed fuel cell will convert methane gas produced by the treatment plant's digester into electricity. "This project will demonstrate the versatility of fuel use with the 'Direct Fuel Cell', as well as its capability to produce more electricity than other technologies using the same quantity of fuel," he said.

King County Executive Ron Sims offered "This is an important project as we look to meeting our future power needs in this new era of higher priced electricity."

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