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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

Cinergy Unit to Seek Cincinnati Gas Rate Hike

LCG, June 28, 2001Cinergy Corp. said this morning that its Cincinnati Gas & Electric Co. subsidiary plans to ask Ohio regulators for authorization to raise base rates for natural gas by about $26 million a year, an average 5.7 percent increase in customer bills.

Joe Hale, president of CG&E said "We have been able to keep this request well below the cost of living index which has increased nearly 15 percent since CG&E's last gas base rate increase five years ago."

Cinergy said the proposed increase in base rates recovers the company's costs to operate and maintain its gas distribution system. Hale pointed out "Since our last base rate increase in 1996, we have continued to make reliable and safe gas service our priority by investing $146 million in our gas distribution facilities."

If the proposed rates are approved by the Public Utilities Commission of Ohio, a typical residential customer of CG&E would see an increase of $4.90, or 6.1 percent, making his monthly bill $85.40 instead of the current $80.50. Rates for non-residential firm transportation customers would increase about 2.3 percent, while non-residential interruptible rates would increase about 4.6 percent.

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