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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

NRC Okays Indian Point 3, Fitzpatrick License Transfers

LCG, Nov. 13, 2000--The Nuclear Regulatory Commission said Friday its staff has approved the transfer of the operating licenses for the Indian Point 3 and James A. FitzPatrick nuclear power plants to subsidiaries of Entergy Corp. Both licenses had been held by the Power Authority of the State of New York.

The technical staff's approval becomes effective immediately but, if the commission decides to grant a hearing and rules in favor of any of the petitioners, it could rescind the license transfer approval or modify its terms.

Entergy asked the agency in May to approve the license transfers. Since then, the NRC has received hearing requests from municipalities that purchase power from these utilities, from labor unions, and from a public interest group. Commission review of these requests, which include issues such as decommissioning funding, is pending.

The 965 megawatt Indian Point 3 plant is located in Buchanan, N.Y., about 24 miles north of New York City. Last Thursday, Consolidated Edison Co. of New York agreed to sell the 975 megawatt Indian Point 2 plant at the same site to Entergy, along with the mothballed Indian Point 1. The 780 megawatt James A. FitzPatrick plant is located in the town of Scriba, about eight miles northeast of Oswego, N.Y.

Entergy owns and operates six nuclear reactors at five sites and is also handling the decommissioning of Maine Yankee and Millstone Unit 1.

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