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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 Power Generation Record Set for ERCOT

LCG, October 19, 2011--The Electric Reliability Council of Texas (ERCOT) announced that the electricity generated by wind farms on the afternoon of October 7 set a record at 7,400 MW. With an installed wind generating capacity totaling approximately 9,400 MW, this represents nearly an 80 percent capacity factor for the wind farms in ERCOT. Coastal wind farms accounted for approximately 15 percent of the power generated.

On October 7, approximately 15 percent of the electricity demand of 48,733 MW was supplied by electricity generated by the wind projects in ERCOT.

Although electric transmission constraints and the economy have slowed wind project development, new wind projects continue to be constructed. ERCOT anticipates the installed wind power capacity to increase from 9,400 MW to 9,700 MW by year end. Furthermore, over 2,300 miles of high-voltage transmission system expansions are planned by the end of 2013 that could allow for an additional 18,500 MW of installed wind power.



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