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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

Successful Pilot Test of Carbon Capture at We Energies Coal Plant

LCG, October 9, 2009--The Electric Power Research Institute (EPRI), We Energies, and Alstom announced yesterday that a pilot project testing an advanced chilled ammonia process has demonstrated more than 90 percent capture of carbon dioxide (CO2) from the flue stream of a coal-fired power plant in Wisconsin.

The pilot project is at We Energies' Pleasant Prairie Power Plant, where Alstom's patented chilled ammonia process for carbon capture has been tested using a 1.7-MW (electric) slipstream from the flue gas. The project, which began last year, provides key research metrics around over 7,000 hours of operation, ammonia release, CO2 removal levels, and CO2 purity under a range of actual utility operating conditions. The project is scheduled for completion this year.

Alstom and EPRI are conducting a number of other carbon capture demonstration projects, and the test results and project experiences gained at the We Energies facility provide valuable insight toward improving the design and scaling up the process.

At AEP's 1,300-MW, coal-fired Mountaineer Plant, Alstom has installed a larger system for a 20-MW (electric) capture system. At this site, the captured CO2 will be compressed, transported via pipeline and injected into two different saline reservoirs located approximately 8,000 feet beneath the plant site. The pilot project will included monitoring the sequestered CO2 over time.

The EPRI's collaborative activities support efforts to advance CCS technologies to commercial scale and to provide information to the public and industry on future power supply options.
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