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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

New Mexico Solar PV Project Operational

LCG, January 26, 2011--Southern Company announced that commercial operations are underway at the Cimarron Solar Facility, a 30-MW solar photovoltaic (PV) electric generating facility in northeastern New Mexico.

The solar PV project is a venture between Southern Company and Ted Turner. First Solar, Inc., the original developer, sold the project to them in March 2010. First Solar continued to develop and build the project and will operate the project under a long-term contract. Tri-State contracted in March 2010 to purchase the power generated from the facility over a 25-year term.

Southern Company Chairman, President and CEO Tom Fanning stated, "This is a key milestone for Southern Company as we steadily incorporate more renewables into our energy portfolio. Renewables, along with new nuclear, increased energy efficiency, 21st century coal technology and additional natural gas, all will be crucial to meeting this nation's growing energy demand."

The Cimarron Solar Facility is located on a 250-acre site in Colfax County and includes approximately 500,000 PV modules, with each module measuring 2 feet by 4 feet. The PV modules employ First Solar's patented, thin film semiconductor technology.
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