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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

After Nuke Incidents, TEPCO Attempts to Reestablish Itself

LCG, October 15, 2002-The new president of Japanese company TEPCO has announced that all steps will be taken to recover public support, including delaying use of MOX fuel.

In August, Japan's Tokyo Electric Power Co. (TEPCO) was found to have falsified safety records for five of its nuclear reactors. Subsequently, several of its top officials were replaced, including now ex-President Nobuya Minami.

TEPCO's new president, Tsunehisa Katsumata, announced that all possible steps would be taken to restore public confidence in the company. This process would involve postponing the recycling of nuclear material. The company intends to use plutonium-uranium mixed oxide (MOX) fuel, the nuclear waste from standard nuclear plants, but will put this plan on hold indefinitely.

Japan's first major MOX-powered plant is expected to come on line in 2005.

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