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News
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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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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
Former Dynegy Gas Trader Indicted
LCG, Jan. 27, 2003--An indictment was unsealed today, alleging that a former trader for Dynegy, Michelle Marie Valencia, had knowingly reported false gas trade prices to a trade publication in three instances in late 2000 and early 2001.Valencia, 32 years old, was arrested today in Houston on charges of reporting false trade information and wire fraud. According to U.S. Attorney Michael Shelby, the indictment covers 43 trades that the publication, Inside FERC Gas Market, could have used to develop published natural gas price indexes. The indexes in this publication and others have been used to arrive at a settlement of many gas contracts.Dynegy stated that it continues to cooperate with authorities in their investigations of reporting practices, and that Ms. Valencia was one of seven traders it has dismissed since last fall. The company paid $5 million in December to settle accusations by the Commodities Futures Trading Commission that it had attempted to manipulate gas-price indexes, and did not admit or deny wrongdoing.Ms. Valencia could have to serve five years in prison and pay a fine of up to $500,000, if convicted.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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