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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

Enron Owes California $493,00 in Unpaid Taxes

LCG, Jan. 25, 2002--While Enron looks for a new chairman and prepares for numerous legal actions against it, California's Franchise Tax Board is thinking about the taxes the company has yet to pay.

A spokesman for the tax board, Patrick Hill, said that if the company does not pay its taxes by the spring, the board will issue a letter. The outstanding bill of $493,000 has gone unpaid since March 15, 2001. Enron avoided paying taxes to the federal government in four of the past five years, a New York Times reporter discovered.

Letters are sent by the board to 600,000 individuals and 20,000 businesses because of tax delinquency each year.

The measures that could be taken against the company include filing liens, seizing assets, or preventing the company from doing business in the state. About 10 percent of the taxes paid to California, or $4 billion, comes from businesses, Hill said.

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