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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 Expands Plans for Wind Power in Minnesota

LCG, February 2, 2007--Xcel Energy announced earlier this week its plan to construct its first wind farm in Minnesota. The wind project is estimated to cost $210 million and scheduled to be complete by 2009. The new facility would have an electric generating capacity of 100 MW.

Xcel Energy's use of wind power in Minnesota took another step forward last month when it was announced that project financing for the Fenton Wind Energy Project, a 205-MW project under construction in Minnesota, was complete and that energy from the project is to be sold to Northern States Power, a subsidiary of Xcel Energy. The power output will be purchased under a 25-year agreement. The facility includes 137 GE wind turbines, each with a capacity of 1.5 MW, and is scheduled to start commercial operations in the second half of this year. enXco, Inc. is the developer of the Fenton Wind Energy Project.
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