EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

Conectiv Shareholders Okay Pepco Merger

LCG, July 18, 2001Shareholders of Conectiv Inc. yesterday approved the pending $5.4 billion merger of their company with Potomac Electric Power Co., a transaction the companies expect to close early next year.

While billed a merger of equals, under the proposal, Pepco would pay $2.2 billion in cash and stock for Conectiv and assume $3.2 billion of Conectiv's debt. Pepco Chairman John Derrick will remain as chairman of the yet to be named newly created company, while Conectiv Chairman Howard Cosgrove will retire with a $6.4 million severance package.

Yesterday, about 95 percent of the shareholders, who own about 68 percent of Conectiv's common stock, agreed on a price of $25 a share. Pepco's shareholders were scheduled to vote today on the deal, which also requires regulatory approval from several state and federal agencies.

The companies said the deal will not result in significant layoffs and all union contracts would be honored.

Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service