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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

German Cartel Office Vetoes E·on-Ruhrgas-Deal

LCG, Dec. 3, 2001--Germany's cartel office, das Bundeskartellamt, has vetoed a plan by Eon, the country's largest utility, to acquire controlling interest in natural gas supplier Ruhrgas, the German newsweekly Der Spiegel said in yesterday's edition.

Eon and the cartel office were said to be negotiating a compromise, but Eon declined comment.

Der Spiegel said Ulf Bge, head of das Bundeskartellamt, had written a letter to Eon on Friday expressing concern that the acquisition would give Eon "greater influence" over a large number of local and regional gas distributors. Large gas dealers such as Contigas und Thgas were cited.

It was implied that the cartel office had not made its final decision. The magazine said Eon officials feel participation in some public utilities must be possibly sacrificed, in order to allay concerns of the cartel office.

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