News
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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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
TXU Sells English Power Plant to International Power
LCG, June 11, 2001International Power, the British electric generator created with the breakup of National Power, said this morning it will pay TXU Europe 200 million ($277 million U.S.) for the 1,000 megawatt Rugeley Power Station near Birmingham in central England.Under the deal, the European arm of Texas electric company TXU Corp. will continue to provide coal for the Rugeley plant and purchase the power station's output. The tolling agreement lasts through the end of 2005.Peter Giller, chief executive of International Power, said "We are pleased to acquire this efficient coal facility, which will give us a reliable medium-term earnings contribution under the tolling agreement."In a joint statement, the companies said International Power would pay one-third of the selling price upon closing of the deal, which is expected later this month, and the balance within six months. The companies also said there would be no job losses as a result of the transaction.
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