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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

Minnesota Poised to Adopt 25x25 Renewable Energy Plan

LCG, February 21, 2007--The Minnesota legislature Tuesday passed a bill designed to cause 25% of retail electric sales to customers in Minnesota to be supplied from renewable resources by 2025. The House overwelmingly approved the bill by a 123-10 vote, and the Governor has stated he will sign the legislation shortly.

The legislation includes renewable supply goals for most utilities of 7% by 2010, 12% by 2012, 17% by 2016 and 20% by 2020. The legislation allows for the Minnesota Public Utilities Commission to defer or change the schedule if it is in the public interest.

Renewable supply resources include wind, hydroelectric, solar, and hydrogen. Wind energy is specifically targeted to account for one quarter of the renewable supplies utilized.
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