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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

NiSource to Mothball Indiana Power Plant

LCG, Dec. 5, 2001--Utility holding company NiSource Inc. said this morning that it will shut down a 582 megawatt power plant in Gary, Ind., citing a declining demand for electricity that was forcing it to streamline operations.

The Dean H. Mitchell Generating Station is owned by NiSource unit Northern Indiana Public Service Co. and will be mothballed indefinitely, the company said. About 112 Nipsco employees will lose their jobs, including 84 members of the United Steelworkers of America union and 28 salaried staff workers.

The several units of the plant are fueled by coal, natural gas and fuel oil.

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