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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

Absentee Ballots Scotch Frisco Municipal Utility

LCG, Nov. 12, 2001--With 8,418 absentee ballots counted and very few uncounted votes left, backers of two measures in last Tuesday's election that would have created a municipal utility in San Francisco were conceding defeat on Saturday.

Political activists in San Francisco never take "no" for an answer and said they may demand a recount or fight the outcome in court. "We are looking at the various options," said Peter Bagatelos, a lawyer for the public power measures.

One of the measures, which had led 51 percent to 49 percent after votes from all San Francisco precincts had been added up, trailed by 1,114 votes after the absentee ballots had been counted. The other initiative, which would have included the neighboring small town of Brisbane, had trailed earlier by a 51 percent to 49 percent vote and now is a hopeless 5,092 votes behind.

Ross Mirkarimi, who managed a joint campaign for the two measures, said questions abound about how absentee ballots were handled by elections workers. "We don't know if it's incompetence or malfeasance," he said. "We believe this election is chock-full of irregularities."

Tammy Haygood, San Francisco's elections director, said "The election was done in a superb manner."

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