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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

Consumers Joins Midwest Nuke Operator Firm

LCG, Nov. 10, 2000--Consumers Energy Co. said yesterday it has signed an agreement to become a full partner in Nuclear Management Company of Hudson, Wisc., and transfer responsibility for the operation of its Palisades nuclear plant located near South Haven, Mich., to the partnership.

NMC was formed by four upper Midwest utilities in February of last year to operate seven nuclear units at five plant sites in Wisconsin, Minnesota and Iowa. With Consumers Energy as a partner, NMC will have responsibility for operating eight units with 4,500 megawatts of generating capacity.

" Palisades is joining a group of plants with excellent records for safety, reliability and cost-effective production," said David W. Joos, Consumers president and chief executive for electric. "It is a vote of confidence for our employees that Palisades has been invited to be a part of this outstanding nuclear organization."

Consumers said current Palisades employees will continue to operate and maintain the plant under the direction of NMC. Consumers will retain ownership of the plant, its 789-megawatt output and the spent fuel stored on site. The utility also will retain the financial obligations for the safe operation,maintenance and decommissioning of the plant.

NMC was originally formed by Northern States Power Co., Alliant Energy, Wisconsin Electric Power Co., and Wisconsin Public Service Co. to operate and manage the nuclear generating plants owned by the four utilities.

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