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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

FERC Will Hear Northwest and Western Contract Cases

LCG, September 19, 2002-Yesterday FERC decided that hearings will be held regarding electricity contracts signed by Washington and California utilities.

Federal Energy Regulatory Commission hearings will address contracts made by Sacramento, California and Snohomish county, Washington utilities during the 2000/2001 Western energy crisis.

Utilities assert that Duke Energy and American Electric Power Company charged them unreasonably high prices and that contracts should be modified or rewritten.

Already this year several settlements have been made regarding contracts written during the energy crisis, and a hearing has been planned in order to address contracts written by the California Department of Water Resources on behalf of bankrupt California utilities.

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