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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

Connecticut to Install 1.2 Megawatt Fuel Cell System

LCG, March 28, 2001The largest fuel cell electric generation system built to date will be installed at the Connecticut Juvenile Training School in Middletown, Conn., a subsidiary of Northeast Utilities said yesterday.

Select Energy Group, Northeast's unregulated generation unit, said it has been awarded a contract to install sic 200 kilowatt fuel cells at the reform school. The fuel cells will be manufactured by International Fuel Cells, a subsidiary of Hartford-based United Technologies Co.

Select Energy will operate and maintain the $18 million system under a 20-year contract that has a 10-year renewal option. The arrangement is expected to produce about $2 million a year in revenues, the company said. The installation is expected to be completed in September.

The fuel cell system will not only provide 1.2 megawatts of power for the school, it will provide 9 million British thermal units per hour of hot water and 680 tons of chilled water. In all, it will supply all of the electric, heating and cooling needs for 227,000 square feet of buildings, including residences and a greenhouse.

Select Energy will also provide natural gas to operate the fuel cells and to fuel backup combustion generators. Other units of Northeast utilities will service the fuel cells, boilers and chiller systems.

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