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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

Taiwan Court Says Decision to Scrap Nuke is Flawed

LCG, Jan. 15, 2001Taiwan's 15-member Council of Grand Justices said today in a highly anticipated ruling that the decision by Premier Ghang Chun-hsiung to scrap a partly finished nuclear power plant was "procedurally flawed," but stopped short of saying Chang had acted unconstitutionally.

The justices said Chang, whose decision to halt construction on Taiwan's fourth nuclear power plant was announced October 27, should have first sought approval from the legislature.

Pro-nuclear opposition parties, apparently aware of the justices' decision over the weekend, said they would not demand Chang's resignation but will ask him to accept political responsibility for his decision to scrap the plant.

Chang had asked the Council of Grand Justices to rule on his decision after the Nationalist Party, with the support of other opposition parties, asked for the ouster of President Chen Chui-bian in retaliation for his administration's "unconstitutional disrespect" for the Legislative Yuan, Taiwan's legislature.

The leader of the legislative caucus of the ruling Democratic Progressive Party, Lee Wen-chung, said Chang's resignation would not be necessary if he submits his plan to halt the nuclear plant to the Legislative Yuan.

Today's decision by the justices is seen as leaving some wiggle room for the minority Democratic Progressives. It also means that the nuclear plant may not be dead. Construction could continue if the Chang's opposition in the Legislative Yuan, which holds a majority of seats, overrules the closure.

The plant, which is about one-third complete, would be Taiwan's fourth nuke and would have a capacity of 2,700 megawatts.

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