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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

Ontario Asks Consumers to Lower Power Usage

LCG, Mar. 3, 2003--A bout of record-setting, low temperatures in the Canadian province of Ontario has led the Independent Electricity Market Operator (IMO) to seek lower power usage by consumers and commercial enterprises.

The request was made on Monday, and extends through 8 P.M. in the evening. The grid operator is issuing the plea due to low levels of reserve power made worse by the weather. If levels fall too low, the IMO might have to implement local blackouts, or risk instability of the transmission network, which could lead to loss of power throughout the system.
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