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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

Invenergy Announces New Agreements with Meta for Renewable Energy to Support Data Center Operations

LCG, June 26, 2025--Invenergy today announced that they and Meta Platforms, Inc. have signed four new clean energy agreements that total an additional 791 MW of procured solar and wind capacity to support Meta's near-term operations, data center growth, and clean energy goals.

The new agreements follow the 2024 announcement of Meta's 1,000 MW of total procured energy from Invenergy. Together, these projects bring the companies' partnership to a total of 1,800 MW, including over 740 MW of new power generation capacity in Ohio. These new projects will deliver electricity to the local grid, while Meta will receive the clean energy credits associated with the new generation capacity coming online.

The new agreements are for four Invenergy-developed projects located across the U.S., including:

300-MW Yellow Wood Solar Energy Center in Ohio; commercial operations expected 2027
140-MW Pleasant Prairie Solar Energy Center in Ohio; commercial operations expected 2027
155-MW Decoy Solar Energy Center in Arkansas; commercial operations expected 2027
196-MW Seaway Wind Energy Center in Texas; commercial operations expected 2028

"Winning the AI race requires reliable, cleaner, affordable energy and energy infrastructure - today and in the future. We're grateful for our continued relationship with Meta and look forward to future partnerships as we work to strengthen American energy independence and economic prosperity," said Invenergy's Executive Vice President of Origination.

Meta's Head of Global Energy stated, "We're laser-focused on advancing our AI ambitions—and to do that, we need clean, reliable energy. We're grateful for Invenergy's longtime partnership that helps us support our energy needs and implement our clean energy goals, and look forward to continued collaboration."
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