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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

Newsmakers

EnergyOnlines weekly wrapup of the goings and comings of key people in the energy industries.

Debra L. Lee, president and chief operating officer of BET Holdings II Inc., has been elected a director of Washington Gas Light Co. BET is a multi-media firm that owns and operates Black Entertainment Television, and other assets.

Nancy Morovich has been named vice president for investor relations by Entergy Corp., replacing E. Renae Conley, who was recently named president and chief executive of Entergy Louisiana. Morovich most recently was chief financial officer for utility operations.

Joseph M. Russo has joined Niagara Mohawk Power Corp. as vice president for public affairs and corporate communications. He was most recently vice president for corporate affairs with The Hertz Corp., a subsidiary of Ford Motor Co.

Clark C. Smith has been named president of El Paso Merchant Energy Co., the energy sales, trading, and risk management unit of El Paso Energy Corp. He replaces Greg G. Jenkins, who has become president and chief executive of El Pasos telephone business.

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