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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

Bowie Power Station Receives Last Environmental Permit

LCG, Mar. 31, 2003--An air quality permit has been granted to a planned 1,000-megawatt power plant being developed by the SouthWestern Power Group in Bowie, Arizona.

The permit is the first of its kind issued by the Arizona Department of Environmental Quality (ADEQ) in three years, and is the final such permit necessary before construction of the Bowie plant can begin. Other permits included the Aquifer Protection Permit last year. The Bowie plant will use wet cooling, and will minimize the use of water by zero liquid discharge. Evaporative cooling will keep efficiency relatively high even during hot summer temperatures.

The configuration of the plant is to be combined-cycle, with two phases planned. The first 500 megawatts should be installed beginning this year, with operation in late 2005. The second phase is expected to come online in 2006.
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