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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

Two Wind Projects Proposed For Dakotas

LCG, Sep. 16, 2002--Two member electric cooperatives belonging to Basin Electric Power Cooperative may have two new 40-megawatt wind farms installed in their service territories by the end of next year.

FPL Energy LLC, a subsidiary of FPL Group, Inc. has offered to build, own, and operate the two installations, while Basin Electric would purchase the output. "By using the energy from this project within the Basin Electric family of cooperatives, we are able to avoid the problems associated with transporting power to large load centers like Minneapolis or Chicago," the CEO of Basin Electric, Ron Harper, commented.

The installation planned for North Dakota would be sited near the town of Edgeley, in the territories of Central Power Electric Cooperative and Dakota Valley Electric. The project slated for South Dakota would produce power within the territory of the East River Electric Power Cooperative, and the Dakota Energy Cooperative.

Developer FPL Energy now operates 26 wind farms in nine states. Basin Electric members and owners produce power for 1.7 million customers across 124 rural electric systems in Colorado, Iowa, Minnesota, Montana, Nebraska, New Mexico, North Dakota, South Dakota, and Wyoming.
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