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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

Newsmakers

Lisa M. Bodensteiner, general counsel for Calpine Corp., has been promotedto senior vice president. In 1996, Bodensteiner joined Calpine as associate counsel. Since then, her responsibilities have grown rapidly to include oversight of a large and expanding legal staff at the corporate office and the regional offices in Boston, Houston and Pleasanton, Calif.

John Erickson has been named president of Otter Tail Corp., the new name of Otter Tail Power Co. He was made an executive vice president in June of last year in preparation for the retirement of John MacFarlane who will remain chairman and chief executive until 2002, when Erickson is expected to succeed him in those positions.

Alan J. Noia, chairman, p[resident, and chief executive ofAllegheny Energy Inc., has been elected a director of the Electric Power Research Institute for a four-year term, beginning this month.

Bruce E. Walenczyk will join Allegheny Energy Inc. May 1 as senior vicepresident and chief financial officer, replacing Michael P. Morrell, who was appointed president of Allegheny Energy Supply Co. earlier this year. Walenczyk was most recently financial vice president with PSEG Energy Holdings Inc.

Deaths

George L. Ingalls, a New York Power Authority trustee for 23 years until his retirement in 1990, died Tuesday at Our Lady of Lourdes Hospital in Binghamton. He was 86. Ingalls was appointed to the board by Governor Nelson A. Rockefeller in 1967, and his 23 years as an NYPA trustee -- 17 years as vice chairman --is a record. His lengthy tenure was recognized in 1991 when the powerhouse at the Power Authority's Blenheim-Gilboa pumped storage power project in Schoharie County was named for him.

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