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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

Hanford Clean-Up Analysis Timetable Shortened

LCG, July 14, 2003--An agreement between Washington State's Department of Ecology and the Department of Energy includes a change to the deadline for completing analysis of alternative clean-up methods at the Hanford nuclear power plant, cutting nine years off the originally planned duration.

Currently, vitrification is the leading technology for containing 54 million gallons of radioactive and other wastes, and would seal the waste in glass. The analysis to be undertaken would consider other methods to vitrification, which would be performed at a plant estimated to cost $5.7 billion. Without the agreement just reached, these studies would have lasted until 2014, but will now be completed by 2005.

The change has been tentatively approved by the Environmental Protection Agency. Changes to the proposed treatment plant's design would mean wastes at different level of radioactivity would be vitrified by separate melters. The plan also moves up the final date for containing the waste to 2028, from 2046. So far, at least 1 million gallons of waste has seeped into the soil from drums that were not designed to hold the waste beyond the passage of two decades.
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