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News
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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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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
Bruce Power Restart of Unit 2 Continues in Ontario
LCG, March 22, 2012--TransCanada Corporation (TransCanada) recently announced that Bruce Power received authorization from the Canadian Nuclear Safety Commission to power up the Unit 2 reactor, enabling the transition from the construction and commissioning phases of the project to start-up. Commercial operations are now expected to commence in the second quarter.
"This positive development represents the final major step necessary toward bringing the reactor into service," said Russ Girling, TransCanada's president and chief executive officer. "When we committed to additional investments in Bruce A, we said the re-start project was an attractive, long-term growth opportunity for TransCanada. With this milestone being reached, we move further toward realizing the sustainable earnings we expect Bruce Power to generate."
Bruce Power consists of two generating stations (Bruce A & B) with each station housing four nuclear reactors. Six of those reactors are currently operational and producing more than 4,700 MW of power. Two, 750-MW units are being refurbished, and Bruce Power expects the Unit 1 reactor to commence operations in the third quarter of 2012.
TransCanada owns 49 per cent of Bruce A and 32 per cent of Bruce B. Bruce Power operates the Bruce A and Bruce B nuclear power stations in Ontario.
Following authorization from the Canadian Nuclear Safety Commission, Bruce Power initiated final safety checks for the Unit 2 reactor as preparations begin to synchronize the unit to Ontario's electricity grid. The company's operations team detected a leak on a Unit 2 pump system during restart activities over the weekend, and the unit was shut down. Bruce Power said it has since restarted its Unit 2 reactor following completion of minor repairs to a pump system.
Bruce Power stated, "There was no impact on the rest of Bruce A, the public, external environment or worker safety."
Bruce Power is a partnership among Cameco Corporation, TransCanada Corporation, BPC Generation Infrastructure Trust, a trust established by the Ontario Municipal Employees Retirement System, the Power Workers' Union and The Society of Energy Professionals.
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