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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

New Brunswick Power Plant to Be Built at Oil Refinery

LCG, Oct. 24, 2003--A 90-megawatt cogeneration plant has been planned by TransCanada Corp. and Irving Oil Ltd., which owns the Saint John, New Brunswick oil refinery.

The two companies envision a tolling arrangement under which TransCanada will own the Grandview cogeneration plant, while Irving Oil would supply natural gas to fuel the plant and purchase both the electricity and heat it generates. The agreement is scheduled for a 20-year period.

The plan was first announced in July 2002, but this week's announcement indicated that construction should begin next month, with operations planned to start before the end of 2004.

Irving Oil's Saint John refinery is the largest in Canada. The company will obtain natural gas for Grandview from the Sable Offshore Energy Offshore Energy Project, next to Nova Scotia.
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