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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

Dominion Announces Plans for 1.300 MW Gas-Fired Power Plant in Virginia

LCG, February 29, 2011--Dominion Virginia Power, a subsidiary of Dominion, announced yesterday that it plans to request permission from the Virginia State Corporation Commission later this year to construct a 1,300-MW, natural gas-fired power station on a 205-acre site in Brunswick County. As proposed, the project will be completed by the summer of 2016.

The Brunswick County Power Station will incorporate a combined-cycle design with an electric generating capacity of approximately 1,300 MW. The estimated cost is over $1 billion. Dominion stated that it already has received the necessary conditional use permits from the Brunswick County Board of Supervisors to build the station and has applied to the Virginia Department of Environmental Quality for the air permit.

Dominion's president and chief executive officer stated, "The Brunswick County site offers us an ideal location to generate electricity to serve Southside Virginia and Hampton Roads reliably and will help us close the gap of 4,000 megawatts in additional peak demand that our customers are expected to need within the next decade....We expect this new power station to operate very efficiently and reduce the amount of power that we have to import from outside the Commonwealth. Building this station also is the best, most cost-effective and reliable way to meet the latest federal clean-air standards."

Last September Dominion announced that it would likely retire several coal-fired units at its Chesapeake Energy Center in Chesapeake and Yorktown Power Station by 2016.
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