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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

Susquehanna 2 Back On-line After Lengthy Refueling

LCG, April 24, 2001Unit 2 of the Susquehanna nuclear power plant owned by PPL Corp. near Berwick, Pa. was returned to service Sunday after a 43-day refueling outage, the company said yesterday.

While the unit was down, workers replaced about 40 percent of its uranium fuel in 300 bundles of rods. About an eighth of the reactors control rods were also replaced. Control rods are made of a material that absorbs neutrons when inserted into bundles of fuel rods where a nuclear reaction is taking place, they capture neutrons that would otherwise continue to split atoms of fuel, thus controlling or shutting down the reaction.

New steam turbines, which will replace units that have been in operation since the early 1980s, will be installed in Units 1 and 2 in the spring of 2003 and 2004 during refueling outages at the plant, adding 100 megawatts to the total output of the 2,200 megawatt plant.
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