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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

SCPPA to Build 250 MW Plant

LCG, September 19, 2002-The Southern California Public Power Authority plans to construct a 250-megawatt combined-cycle power plant.

The Magnolia Power Project will be constructed in Burbank, California by Kvaerner E&C at a cost of $112 million. Total plant costs are estimated to be $215 million.

Initial engineering has begun, but outright construction will have to wait for the completion of licensing.

The plant will be located at the same site as two decommissioned generators, which will be dismantled and removed before the new generator is constructed.

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