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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

Midwest ISO and Southwest Power Pool File Tariff with FERC

LCG, November 5, 2002Midwest Independent System Operator and the Southwest Power Pool (SSP) plan to instate a combined tariff in order to do away with rate pancaking in electricity transactions between service territories.

Midwest ISO, a Federal Energy Regulatory Commission-approved Regional Transmission Operator, and SPP have decided to adopt the combined tariff in order that wholesale energy customers such as utilities will benefit and that the energy markets in the region will be stabilized.
Midwest ISO and SPP assert that the combined tariff will preserve the zonal rate structure, long-term firm SPP service agreements, and states' rates currently on file under the SPP tariff, in addition to eliminating rate pancaking on transactions between the two organizations customers.

The combined tariff currently awaits approval by the FERC.

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