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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

Federal Appeals Court Reverses EPA Air Emission Standard in Alabama

LCG, March 7, 2013--The United States U.S. 11th Circuit Court of Appeals yesterday ruled in favor of Alabama Power (a Southern Company subsidiary) and against the U.S. Environmental Protection Agency (EPA) over industrial air emission standards.

In 2008 the EPA approved changes in Alabama?s rules regarding smoke emissions at industrial plants and the allowable frequency of emitting opaque smoke; however, the EPA reversed the rule changes in 2011, stating there was "sufficient likelihood" that the new rules would increase air pollution.

The three-member federal appeals court in Atlanta yesterday struck down the EPA's reversal, stating, "We conclude the 2011 disapproval was unauthorized by the Clean Air Act because the EPA failed to make the statutorily required error determination."





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