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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

Wait 'Til Next Year for New EPA Power Plant Rules

LCG, Nov. 12, 2001--The U.S. Environmental Protection Agency said Friday it will likely miss its self-imposed year-end deadline for issuing stricter power plant air pollution standards.

New proposals from the Bush administration are also being awaited by the Senate Environment and Public Works Committee headed by Sen. James M. Jeffords, the Independent from Vermont. The committee has said it will move ahead with legislation calling for cuts of at least 75 percent in power plant emissions.

A recent EPA study supported claims by U.S. utilities that the proposed limits on carbon dioxide, sulphur dioxide, nitrogen oxides and mercury would increase the cost of power by more than a third and have a calamitous effect on the U.S. economy.

Last week, Bill Harnett, a division director of EPA's Office of Air Quality Planning and Standards, told a meeting of the National Coal Council that the EPA would likely issue its new standards early next year.

Jeffords wants the 75 percent emissions cuts in place sometime in the coming year, but the Bush administration said last week it will oppose the legislation. The administration would regard carbon dioxide as a non-pollutant and provide trading mechanisms for the other three.

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