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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

Kinder Morgan Unit to Run Gas Pipeline into St. Louis

LCG, Nov. 30, 2000--The Natural Gas Pipeline Co. of America says it plans to run a natural gas pipeline into the eastern part of metropolitan St. Louis, Mo., adding competition for distribution utilities and encouraging development of gas-fired electric power plants.

NGPL, a subsidiary of Kinder Morgan Inc., said it has signed supply and storage contracts with Dynegy Marketing and Trade, a unit of Dynegy Inc. which recently acquired Illinois Power Co. Illinois Power serves portions of eastern metropolitan St. Louis with both electricity and gas.

NGPL will build a 47-mile pipeline from Centralia, Ill., to an interconnection with Illinois Power's St. Louis distribution system. When completed, the $35 million conduit will have a transportation capacity of 300,000 decatherms of gas per day.

Dynegy, under a 10-year agreement, has signed up for 90,000 decatherms per day and, according the NGPL, that's enough to go ahead on. Deb Macdonald, the company's president, said "With Dynegy as our anchor customer, we will build the new lateral into the St. Louis market regardless of whether we receive other expressions of interest."

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