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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

Citizens of Sri Lanka Experience Shrinking Power Cuts

LCG, April 22, 2002-Sri Lanka's Power and Energy Minister Karu Jayasuriya announced that daily power cuts will be decreased to only two hours.

Daytime power cuts will no longer occur, and evening power cuts will be reduced.

While Californian's complained about rolling blackouts in 2000 and 2001, Sri Lankans have endured more than five hours a day of blackouts.

The country relies on hydro-electric power, and drought last year proved severely detrimental to electricity production.

Jayasuriya asserted that full power will be restored by June, and a 900 MW coal-fired plant is being planned. The government has been encouraging renewable energy projects, hoping to limit dependence on hydroelectric and thermal power.

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