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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

Fire Shuts Down 800 MW Florida Plant Indefinitely

LCG, September 10, 2002-According to plant officials, the Martin power plant in central Florida was shut down because of explosion and fire yesterday afternoon.

As of this writing, the cause of the fire is still unknown, and the unit has been shut down without a reported restart date. A second 800 MW unit at the Martin plant was also temporarily shut off as a safety precaution, although it sustained no damage.

The Martin plant is owned by Florida Power & Light, a subsidiary of FPL Group.

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