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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

AEP Shuts Down Ten Coal-fired Facilities

LCG, June 3, 2015--Last month American Electric Power (AEP) closed ten coal plants located across Appalachia and the Midwest. The electric generating facilities had a combined capacity of 5,588 MW. The plant closings are part of the utility's compliance plan for new Environmental Protection Agency (EPA) regulations, primarily the Mercury and Air Toxics Standard (MATS) rule that began this month.

AEP coal plant closures include: the Kammer Plant (630 MW) in West Virginia ; the Philip Sporn Plant (995 MW) in New Haven, West Virginia; the Kanawha River Plant (400 MW) in Glasgow, West Virginia; the Muskingum River Plant (1,440 MW) in Waterford, Ohio; the Picway Plant (100 MW) near Columbus, Ohio ; the Beckjord Plant (53 MW) in Ohio; the Clinch River Plant (235 MW) in Carbo, Virginia; the Glen Lyn Plant (335 MW) in Glen Lyn, Virginia; the Big Sandy Plant (800 MW) in Louisa, Kentucky; and the Tanners Creek Plant (995 MW) in Lawrenceburg, Indiana.

AEP also plans to retire two other coal-fired units - Northeastern Station, Unit 4 (470 MW), in Oklahoma, and Welsh, Unit 2 (528 MW), in Texas - by the end of 2016. In total, the retirements of these coal fired units will result in a loss of 6,586 MW of electric generating capacity.
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