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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

Terrorist Threat Could Scuttle Maryland LNG Plant

The Federal Energy Regulatory Commission on Friday met with state and local officials to discussnational security concerns connected with restarting a liquefied natural gas plant near the Calvert Cliffs nuclear power plant in southern Maryland.

Last month, FERC gave permission to The Williams Cos. to reopen and expand the company's Cove Point liquefied natural gas plant despite concerns that the facility could be subject to sabotage that would threaten a nearby nuclear plant owned by Baltimore utility Constellation Energy Group.

Massachusetts officials shut down an LNG terminal in Boston following the September 11 attacks on the World Trade Center and the Pentagon. Officials feared an LNG tanker entering Boston harbor could be subject to sabotage, causing massive damage.

Democrat Sen. Barbara Mikulski of Maryland had demanded that FERC reconsider its approval order from last month. "You must carefully consider the fact that the Cove Point facility is within 3.5 miles of the Calvert Cliffs nuclear power plant and the ships that carry liquefied natural gas from Algeria or other countries will be under foreign flag with foreign crews," Mikulski said in a letter to FERC.

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