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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

Strong Winds Cut Power for Southern Californians

LCG, Jan. 6, 2003--Wind energy can be used to generate electricity, but for some residents of California this weekend, winds sweeping through the area packed enough force to leave them without power.

Yesterday evening, Santa Ana winds struck central, coastal and Southern California, knocking down utility poles in Orange and Arcadia, among others. Wires were brought down in hundreds of locations, prompting Southern California Edison crews to go out to restore them to working condition. Overall, 250,00 customers have had no electricity due to the damage.

The high winds, which have been measured at over 75 miles per hour, are expected to continue through Tuesday if not longer, according to the National Weather Service. Although further damage is possible, there were 40,000 customers whose power had not been restored as of this morning.
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