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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

Midwesterners Lose Power Due to Winds

LCG, Nov. 13, 2003--Over 600,000 power customers in the Midwest lost power after winds traveling up to 74 mph knocked down trees and power lines, propelled by a cold front moving east.

About 240,000 of those affected are in Michigan, or along the Great Lakes, where waves were observed at 12 to 15 feet. The front was expected to hit New York state today, while flooding in West Virginia resulted in one person being drowned after driving into a flooded creek.

Over 155,000 in Illinois, 15,000 in northern Indiana, 140,000 in Ohio, 37,000 in West Virginia, 12,000 in Pennsylvania, 12,000 in New Jersey and 6,000 in southeastern Wisconsin experienced power outages.

Winds suggesting the possibility of a tornado caused damage at a Rubbermaid plant, and injured seven people in Wooster, Ohio.
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