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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

Tri-State and First Solar Announce 30-MW Solar Project in New Mexico

LCG, March 25, 2009--Tri-State Generation and Transmission Association (Tri-State) announced yesterday that it executed an agreement with First Solar, Inc. to develop a 30-MW solar photovoltaic (PV) electric generating facility in northeastern New Mexico. Tri-State contracted to purchase the power generated from the facility over a 25-year term.

Construction of the Cimarron I Solar Project is scheduled to begin by April 2010, with the initial phase delivering power by August and full operations achieved by year-end.

The Cimarron I Solar Project will be built on a 250-acre site in Colfax County. The project will include approximately 500,000 PV modules, with each module measuring 2 feet by 4 feet. The PV modules will employ First Solar's patented, thin film semiconductor technology.

First Solar will act as the engineering, procurement and construction (EPC) contractor and expects to monitor and maintain the facility over time. First Solar also expects that it will transfer all or substantially all of its equity interest in the project once construction is complete.

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