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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

NYC Plant Expansion Undergoes Testing

LCG, Jan. 6, 2003--An expansion of the Ravenswood natural gas-fired power plant, a project built by the utility KeySpan, is being tested before shifting to its planned commercial status in March.

The 250-megawatt cogeneration unit and the existing plant, which previously was rated at approximately 2,200 megawatts, are located in the borough of Queens. The utility said that the plant was connected to the city's power grid, operated by Consolidated Edison, for two hours.

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