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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

Newsmakers

Ronald Bertasi, most recently with Enron Energy Services, has been named vice president for product management by The Southern Co. He will also be president and chief executive ofSouthern Company Energy Solutions.

Robert M. Flavin has joined CMS Marketing, Services and Trading, a subsidiary of CMS Energy Corp., in the new position of vice president for accounting and administration. He previously was senior vice president with Coast Energy Group, the energy marketing division of Cornerstone Propane Partners.

Lew Hay, president and chief executive of FPL Group Inc., will alsobecome the company's chairman at the end of the year when James Broadhead retires.

Kenneth Lay, chief executive of troubled energy trader Enron Corp., has voluntarily resigned from the board of directors of drugmaker Eli Lilly and Co.

Richard J. Mark has been named vice president for customer service by Ameren Corp., joining the company from Ancilla Systems Inc., where he was a senior vice president.

Don Shippar, currently executive vice president and chief operating officer of Minnesota Power Co., will become president and chief operating officer effective January 1.

Steve Smith, former director of trading arrangements with Britain's Office of Gas and Electricity Markets, will join AEP Energy Services Ltd., the London-based European wholesale marketing and trading subsidiary of American Electric Power Co. Inc., on February 1 as director of environmental and regulatory affairs for the UK and Europe.

Southern Co. Unit Makes Management Changes
Southern Company Generation and Energy Marketing, a business unit of The Southern Co. that manages and generates electricity for the company's retail markets and markets energy in the competitive wholesale supply business, has announced several management changes.

  • Doug Jones was named senior vice president for energy marketing. He will continue to have manage the company's wholesale marketing and trading business and fleet dispatch.

  • Ed Day was named vice president for business development, responsible for directing the company's expanding wholesale marketing and business development activities in the Southeast.

  • Robert Moore was named senior vice president and senior production officer for Southern Power Co., a subsidiary that manages the company's unregulated generation fleet.

  • Chris Womack was named senior vice president and senior production officer of Southern Company Generation and Energy Marketing and will be responsible for Georgia Power fleet operations.
  • Ashley Baker was named vice president for fossil and hydro engineering, procurement and construction.

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