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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

Reliant Plant in Florida To Begin Operations

LCG, Jan. 16, 2002--A gas- and oil-fired generating facility in Florida, the Osceola Peaking Plant, is undergoing testing before it begins to sell its output.

Reliant Resources, Incorporated, a subsidiary of Reliant Energy, recently merged with Orion Power, resulting in a combined capacity of 21,000 megawatts, when the 465-megawatt Osceola plant is included.

Two-thirds of the plant's generation is under contract to the rural electric cooperative, Seminole Electric Cooperative Inc., while the rest is to be sold to the grid. The facility, near Holopaw, Fla., consists of three 155-megawatt combustion turbines.

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