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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

China Builds Trash-burning Power Plant

LCG, May 15, 2002-China's trash-burning power plant plans have been delayed two years, but a loan from Spain may bring about its construction.

Chinese State Development Planning Commission approved the 680 million yuan ($82.2 million) Beijing project in 2000, but further action has been postponed because of financial and environmental concerns.

Spain has reportedly agreed to loan $45 million for construction, and the plant is hoped to be on line by the 2008 Olymic games, which will be held in Beijing.

Golden State Group Corp. holds the controlling stake in the joint venture.

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