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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

Palisades Nuke May Restart in January

LCG, Sept. 4, 2001--CMS Energy Corp. said on Friday that its Consumers Energy Co. subsidiary expects to restart its Palisades nuclear power plant near South Haven, Mich., in January, following a long shutdown to repair the 790 megawatt reactor's control rod mechanism.

The plant was shut down last June after operators found a small amount of steam leaking where the control rod equipment enters the reactor core. The company said it was decided to replace the entire system at a cost of between $25 million and $30 million rather than simply repair the leak.

In addition to guiding control rods which pass through them at the top of a reactor vessel head, fittings include nozzles which provide coolant to maintain the reactor system pressure boundary. The control rods are moved in and out of the bundles of fuel rods to regulate the level of a reactor's output.

The Nuclear Regulatory Commission recently noted that some reactors have experienced circumferential, as well as longitudinal, cracks in those nozzles, and ordered their inspection by licensees.

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