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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

East Timor and Australia Make New Gas Agreement

LCG, May 17, 2002-Australian Prime Minister John Howard will sign a treaty with East Timor next week.

The Timor Gap Treaty addresses the Sunrise gas field, located in the Timor Sea and partially inside joint development areas.

Revenue is to go to both East Timor and Australia, and the two countries have been negotiating in anticipation of East Timor's freedom from U.N. administration.

Details of the treaty have yet to be released, although Howard said that "fair and good" concessions were made.

The first Timor Gap Treaty was made in 1989 between Australia and Indonesia, after Indonesia took over East Timor. When East Timor became independent from Indonesia ten years later, the treaty became void.

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