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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

Iberdrola Commissions Three Wind Farms Across the U.S.

LCG, January 24, 2013--Iberdrola announced early this week that its installed capacity has increased by 265 MW following the commissioning of three wind farms located in California, New Hampshire, and Massachusetts.

The largest of the three wind farms is the 189-MW Manzana Wind Farm, located in the Tehachapi area near the town of Rosamond, California. The project includes 126 of GE's 1.5-MW wind turbines. San Diego Gas & Electric (SDG&E) has a 20-year power purchase agreement (PPA) for 100 MW of the plant output, and the City of Santa Clara?s Silicon Valley Power (SVP) has a 20-year PPA for 50 MW.

In New Hampshire, the 48-MW Groton Wind Farm is sited along two ridge features in the town of Groton and consists of 24 Gamesa G87, 2.0-MW wind turbines.

The third project is the 28.5-MW Hoosac Wind Power Project, located in Massachusetts. The project includes 19, 1.5-MW turbines from GE, and all of the energy is under a PPA with NSTAR Electric, a subsidiary of Northeast Utilities.
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