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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

Mirant Receives Approval for NY Plant

LCG, March 27, 2002-Mirant Corporations application to build a 750 MW plant was approved by the NY Siting Board.

Planned for the Bowline station along the Hudson river north of New York City, the plant will run on both natural gas and oil. Preexisting units at the station produce 621 MW and have been operating for almost thirty years.

Consolidated Edison Co of New York Inc. and Orange and Rockland Utilities will get electricity from the new plant via underground cables.

Mirant must also receive permission from the New York State Department of Environmental Conservation.
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