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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

Calpine Unit Plans 800 Megawatt Georgia Plant

LCG, Jan. 18, 2001Calpine Corp. said yesterday its SkyGen Energy unit plans to build an 800 megawatt natural gas-fired cogeneration plant in Augusta, Ga. The facility will provide thermal energy to DSM Chemicals North America Inc. and sell electric power in the regional wholesale market.

Steam from the new facility will replace thermal energy DSM generates from on-site boilers. The chemical firm will retain the boilers for secondary and backup needs and will supply the Augusta Energy Center with condensate and makeup water.

The facility will be located on about 25 acres of land leased from DSM adjacent to the chemical plant, Calpine said.

Calpine will manage engineering and design, construction, and operations of the project as it movespast the development stage. The construction of the cogeneration facility is expected to begin in thespring, but now completion target was announced.

Bill Price, president of DSM, said "The Augusta Energy Center will be one of the most efficient power plants built in Georgia. It will provide important energy cost savings for DSM while safeguarding the environment. During normal operations, air emissions from the Augusta site will be reduced as a result of this facility."

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