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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

Newsmakers

David Helwig, most recently ComEd executive vice president of operations, was recently appointed president and chief operating officer for InfraSource, an Exelon subsidiary based in Morton, Pa. He has managed all areas of the ComEd transmission and distribution system, and has over two decades of experience in line, engineering and services areas for PECO Energy, as well as General Electric Nuclear Energy's global services.

Robert Fishman, senior vice president at Calpine Corp. has been selected to lead Calpine's GE LM6000 combustion gas turbine peaker program. He will oversee development, engineering and construction of 15 peaking turbines located at sites throughout Northern California. Fishman has also been president of PB Power, part of the Parsons Brinckerhoff group of companies. He has nearly three deacdes of experience in project development, management and facilities engineering.

Secretary of Energy Spencer Abraham has reappointedRufus D. Gladney to the National PetroleumCouncil. Gladney serves as ConsumerEnergy's executive manager of business servicesand was appointed to the council last year.

Michael W. Rencheck will become senior vicepresident of engineering and region operations forAEP Pro Serv, Inc., a subsidiary of AmericanElectric Power. Rencheck entered AEP as vicepresident-nuclear engineering of the Cook NuclearPlant in Bridgman, Michigan.

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