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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

Williams Plans Big Expansion of Western Pipeline

LCG, March 23, 2001The Williams Cos. said yesterday that it plans to add 900 million cubic feet per day of transmission capacity on a 926-mile natural gas pipeline that moves gas from Wyoming to markets in Utah, Nevada and California.

Williams' Kern River Transmission pipeline currently has a capacity of about 700 million cubic feet per day. The additional capacity is scheduled to be available by May 2003.

Last fall, Williams held an "open season" for the project that is, it sought expressions of interest in purchasing capacity on the proposed line.

"We knew that demand was strong," said Kirk Morgan, Kern River director for business development. "However, the response was even greater than we anticipated. There is tremendous demand for natural gas to fuel new electric generation facilities in California and Nevada. This expansion provides shippers with an economically attractive opportunity to secure additional firm year-round transportation."

Williams said it would file an application for the $1 billion project with the Federal Energy Regulatory Commission in June. The company must also negotiate rights of way and secure environmental and regulatory approvals in the states the pipeline crosses.

"Shippers are seeking more access to natural gas from Rocky Mountain basins, where producersare aggressively stepping up production," Morgan said. "Kern River is in the right place at the right time to help bring that production to market."

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