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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

Constellation's Hillabee Power Plant Begins Operations

LCG, June 8, 2010--Constellation Energy today announced that commercial operations commenced of its 740-MW, Hillabee Power Plant, located near Alexander City, Alabama. The project is expected to satisfy existing customer load obligations and meet increasing electricity loads in the region.

The natural gas-fired facility was purchased from Calpine Corporation in February 2008, when it was only partially complete, for $156.9 million (including direct costs). Calpine initiated construction of Hillabee in 2001, but discontinued work in 2003.
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