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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

Indiana Plant Moving Ahead

LCG, Apr. 11, 2002--Allegheny Energy Supply, a unit of Allegheny Energy Inc., has announced that construction of a 630-megawatt, combined-cycle, gas-fired power plant is scheduled to begin later this month.

According to Allegheny Energy Supply president Michael Morrell, "the output from this facility will give us additional generating capacity in the Midwest to complement the 1,710 megawatts we already own in Indiana, Illinois and Tennessee." The plant is to be located in Olive Township, in St. Joseph County. Operations are scheduled to begin in mid-2004.

Black & Veatch Construction, Inc. will serve as turnkey contractor for the project.
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