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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

Xcel Energy to Purchase Power from New Wind Farms

LCG, October 26, 2004--Excel Energy announced that it will purchase power from two, new wind farms that are scheduled to commence operations late next year. Cielo Wind Power will develop a 160-MW wind farm located west of Amarillo, Texas on land previously acquired or leased. The second wind farm, with a planned capacity of 120-MW, will be developed near the town of Elida in eastern New Mexico by Padoma Wind Power, LLC.

The projects follow the recent approval of the federal production tax credit (PTC) by the House and Senate. The Padoma Wind Power project will also be eligible for state tax credits.

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