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Puget Sound Energy Starts Construction on 142-MW Appaloosa Solar Project in Washington

LCG, September 4, 2025--Puget Sound Energy (PSE) announced yesterday that phased construction has commenced on its 142-MW Appaloosa Solar Project, a utility-scale solar facility underway in southeastern Washington. The project is being built by Qcells EPC, who will serve as the module manufacturer and the engineering, procurement, and construction (EPC) solution provider. Construction is scheduled through 2026, and commercial operation is expected at the end of next year.

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TVA and ENTRA1 Energy Announce Collaborative Agreement in Landmark 6-Gigawatt NuScale SMR Deployment Program - Largest in U.S. History

LCG, September 3, 2025--The Tennessee Valley Authority (TVA) and ENTRA1 Energy (ENTRA1) yesterday announced a new agreement to advance nuclear power development within TVA’s service region. Under the agreement, ENTRA1 Energy will collaborate with TVA to deploy six ENTRA1 Energy Plants™, each powered by multiple NuScale Power Modules™, to provide up to 6 GW of firm, 24/7 baseload power.

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Industry News

Financing Obtained for Calpine's 600-MW Russell City Energy Center

LCG, June 28, 2011--Calpine Corporation announced yesterday that they have an $844.5 million credit facility to finance construction of the 619-MW, combined-cycle Russell City Energy Center. A Calpine affiliate owns 75% of Russell City and a GE Energy Financial Services affiliate owns the balance.

The new project finance facility includes a construction loan that will convert to a 10-year term loan when commercial operations commence. Construction started at the site in Hayward, California, and commercial operations are scheduled to commence in mid-2013. A ten-year, power purchase agreement (PPA) for the output from the plant is in place with Pacific Gas and Electric Company (PG&E), and PG&E will provide natural gas to the plant.

Calpine's President and Chief Executive Officer stated, "This financing marks an important milestone in our effort to bring much-needed electric power supply to California's Bay Area, allowing us to complete the construction of a modern, flexible, highly efficient, clean and low-carbon energy resource."

The Russell City Energy Center project began in 2001, but California's energy crisis and Calpine's subsequent financial challenges put the project on hold. In September 2007, the California Energy Commission (CEC) approved the natural gas-fired power plant project.
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