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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

Steam Problem Shuts Down Palo Verde Nuclear Unit

LCG, July 16, 2001An equipment problem Friday involving steam to the main turbine in the 1,270 megawatt Unit 2 of Arizona Public Service Co.'s Palo Verde Nuclear Generation Station caused a shutdown of the reactor, the utility said.

The unit was at 60 percent of power this morning, and increasing output, according to the Nuclear Regulatory Commission's daily plant status report.

APS said the reactor was designed to shut itself down automatically in the type of situation that was encountered, and all systems operated according to plan.

"Our customers will have the energy they need to keep their homes cool and their lights on," said Jim Levine, executive vice president of APS Generation on Friday.

Three-unit, 3,778 megawatt Palo Verde, the nation's largest nuclear power plant in terms of both size and output, supplies power to 4 million customers in Arizona, Texas, New Mexico and California.

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