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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

FPL to Build 1,789 Megawatt Texas Power Plant

LCG, April 18, 2001--FPL Energy, a subsidiary of FPL Group Inc. of Florida, said yesterday it will build, own and operate a 1,789-megawatt, natural gas-fired power plant in the Dallas-Fort Worth area that will be one of the largest independent generation projects in the state.

Construction of the combined-cycle facility is scheduled to begin in June with commercial operation expected in the second quarter of 2003, FPL said.

Development of the plant was begun by Cobisa Corp., which sold 95 percent of the project to FPL last year. The change was not announced at the time because of permitting uncertainties. Cobisa will retain 5 percent ownership.

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