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News
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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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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
Class Action Seeks Refunds from California Power Firms
LCG, Nov. 30, 2000--A class action suit, filed yesterday in San Diego Superior Court, claims that a baker's dozen electricity companies violated antitrust and consumer protection laws by manipulating prices in California's electric power market.The suit, filed on behalf of San Diego Gas & Electric Co. customers, seeks class action status on behalf of all residential and business customers in California. If granted, the plaintiff lawyers would have a much larger pool of potential litigants to draw upon.As filed, the suit seeks to recover initially at least $1 billion in alleged overpayments to SDG&E, a subsidiary of Sempra Energy Inc.Lead lawyer in the suit is Leonard Simon, a veteran of class-action antitrust cases, who helped win a $1 billion settlement three years ago from Wall Street firms accused of inflating Nasdaq stock prices. Also involved is Michael Aguirre, who said court action is necessary because federal and state regulators have bungled the job.In the lawyers' eyes, the Federal Energy Regulatory Commission bungled the job when its chairman, James Hoecker, said his agency lacked authority to order refunds.Yesterday, Simon said he was confident he would be able to unearth evidence of collusion because he and his fellow class-action litigators are willing to take the time to dig deeper than bureaucrats. "It's going to take years," he said.Mark Palmer, a spokesman for Enron Corp., a defendant in the case, said the lawsuit was without merit. "Three separate independent government regulatory agencies have investigated these allegations (of collusion) and found none to be true," he said. Defendants named in the suit include: Duke Energy Trading and Marketing, a unit of Duke Energy Corp.; Dynegy Power Marketing Inc.; Enron Energy Services; Enron Power Marketing Inc.; Morgan Stanley Capital Group; NRG Energy Inc.; PG&E Energy Trading, a unit of PG&E Corp.; Reliant Energy Services, a unit of Reliant Energy Inc.; Sempra Energy Trading and Sempra Energy Resources, units of Sempra Energy Inc.; Southern Company Energy Marketing; Williams Energy Marketing and Trading; and Williams Energy Services Co.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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