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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

British Energy Minister Says Nuclear Power Necessary

LCG, Feb. 9, 2002--Prior to the release of a government report on British energy security, the energy minister Brian Wilson spoke in an interview with The Guardian about what he saw as the future role of nuclear power in Britain.

Wilson emphasized two trends - a significant increase in use of renewable energy resources, which he said could increase energy prices, and "a seller's market" in natural gas, which is being used by most new generating plants.

The minister is one of the few Labour party leaders who supports nuclear power. He said that nuclear investment might need assistance in the form of tax and planning allowances in order to make it competitive.

Other parts of the upcoming report, from a trade and industry select committee, advocates a target of 20% of energy supply from renewable resources by 2020. Wilson said that the country's climate change levy, assessed on emissions by power plants, would actually assist nuclear power. He said, "there is no contradiction between being pro-renewable and pro-nuclear."
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