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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

Southern Company Announces Combined-Cycle Operations

LCG, Oct. 2, 2003--A 630-megawatt gas-fired combined-cycle unit near Orlando, Fla., has begun operating, according to Southern Company, which developed "Stanton A" with the Orland Utilities Commission (OUC), Florida Municipal Power Agency (FMPA), and Kissimmee Utility Authority.

Southern Company, the owner of four major Southeastern electric utilities, was responsible for the design and construction of the facility, while the portion of output of Stanton A it owns has been purchased by OUC, KUA and FMPA. OUC owns almost one-third of the output. The general manager and CEO of OUC, Bob Haven, said that OUC will retain the ability to purchase more than what it purchases currently. "This additional capacity will help OUC maintain the reliability our customers expect."

OUC, a municipally owned utility for Orlando, is the second-largest municipal electric utility in the state of Florida, with a customer base of 190,000. FMPA, owned by 29 municipal electric utilities, retains power generation and furnishes services for municipal utilities. KUA provides electric, water and Internet services to 61,000 customers spread across five counties in Central Florida.
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