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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

160-MW Texas Wind Farm Planned

LCG, July 24, 2003--The largest wind farm yet proposed in Texas has been announced by TXU Energy, a subsidiary of TXU Corp., and Green Mountain Energy, and is expected to be completed in the town of Brazos by the end of December 2003.

"As the largest purchaser of wind power in Texas, TXU Energy is pleased to help make this transaction a reality," TXU Energy's president of portfolio management, VJ Horgan, said. Developers for the project are Cielo Wind Power, LLC, based in Austin, and Orion Energy LLC, of Oakland, Ca. Shell WindEnergy, which jointly owns the project with Padoma Resources I, Inc., will operate the Green Mountain Wind Energy Farm. Output will be purchased and marketed by Green Mountain, of Austin, and by TXU Energy.

The installation will provide power to 30,000 average Texas homes each year, generated from 160 Mitsubishi generators. The turbines will each be about 230 tall, and according to the purchasers, prevent the same amount of CO2 each year that is caused by all cars and SUVs in Houston in most weeks.
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