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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

Duke Energy Florida Announces New Solar Power Projects

LCG, January 29, 2020--Duke Energy Florida (DEF) Monday announced the locations of its two newest solar power plants that will provide a combined installed capacity of nearly 150 MW. DEF is investing an estimated $1 billion to construct or acquire a total of 700 MW of cost-effective solar power facilities from 2018 through 2022 in Florida, and planning for another 1,500 MW of solar generation through 2028.

The newly announced solar projects and locations are the Twin Rivers Solar Power Plant and the Santa Fe Solar Power Plant. The Twin Rivers Solar Power Plant will be built on 460 acres in Hamilton County, Florida and include approximately 235,000 tracking solar panel with a capacity 74.9 MW. The panels will track the movement of the sun to deliver more power from sunrise to sunset.

The Santa Fe Solar Power Plant will be built on approximately 600 acres in Columbia County, Florida. Similar to the Twin Rivers Solar Power Plant, the 74.9-MW solar facility will include approximately 235,000 tracking solar panels with a capacity of 74.9 MW.

DEF will develop, own, operate and maintain the solar energy facilities. The projects are scheduled to break ground in March 2020, with completion scheduled by year-end.

DEF is making additional progress towards achieving its goals on solar capacity installations. Last month, DEF completed the 45-MW Lake Placid Solar Power Plant in Highlands County, Florida, and the 74.9-MW Trenton Solar Power Plant in Gilchrist County, Florida.

Two other solar projects in Florida are also under construction now and nearing completion. The 74.9-MW Columbia Solar Power Plant in Columbia County is scheduled to commence service in April 2020, and the 74.5-MW DeBary Solar Power Plant is scheduled to commence service in June 2020.
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