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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

Joint Venture to Build 45 Megawatt Pennsylvania Plant

LCG, July 27, 2000--Subsidiaries of Southern Union Co. and Energy East Corp. said yesterday that they had formed a joint venture to build and operate a 45 megawatt peaking power plant near Scranton, Pa.

PEI Power Corp. and Cayuga Energy Inc. will build the natural gas-fired merchant plant at the site of PEIs 25 megawatt Archbald plant, a cogeneration facility that burns natural and landfill gases. Archbald currently produces 21 megawatts of power for the PJM Interconnection, a power grid serving areas of Pennsylvania, New Jersey, Maryland, Delaware and the District of Columbia.

" With this project, we are pleased to announce that PEI Power II will triple the output capacitycurrently produced at the Archbald site," said Vincent A. Bonaddio, president of PEI Power Corp., the Southern Union subsidiary.

Cayuga Energy, the Energy East unit, will be general manager of the joint venture, operating as project manager for engineering and construction, and will also manage fuel procurement and electricity sales.

The new project has received the necessary permits and approvals, and is expected to be in service in May 2001.

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