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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

Mississippi Power Proceeds with Another Solar PV Project

LCG, April 28, 2016--Southern Company subsidiary Mississippi Power and Silicon Ranch Corporation held a groundbreaking ceremony for the state's largest solar farm yesterday in Hattiesburg. The 50-MW solar PV project is estimated to cost $100 million and is scheduled to commence operations by early 2017.

The Hattiesburg solar farm will be installed on 450 acres and will include over 600,000 solar panels. Silicon Ranch will fund, own and operate the project and has selected Strata Solar to build it. Mississippi Power will receive all of the energy and associated renewable energy credits (RECs) generated by the project. The power will be purchased through a 25-year power purchase agreement (PPA).

Mississippi Power President and CEO stated, "This is the second of three major solar projects that have been approved by the Public Service Commission, demonstrating Mississippi Power's continuing commitment to cost-effective solar development. The Pine Belt region is one of the hubs of economic development in the state and our investments in renewable energy here will contribute to future growth."

In May, Mississippi Power and Origis Energy will break ground on a 52-MW utility-scale solar project in Sumrall. Last month, Mississippi Power, the U.S. Navy and Hannah Solar broke ground on a 3-4 MW solar project at the Naval Construction Battalion Center in Gulfport, Mississippi.
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