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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

NYC Has 250 Additional Megawatts from Ravenswood Plant

LCG, Mar. 30, 2004--A 250-megawatt combined-cycle unit at the Ravenswood plant, owned and operated by Keyspan Corporation, has begun producing power.

The new unit expands the capacity of the existing Ravenswood plant, and enhances its efficiency. According to Keyspan, it is the first base-load plant to be built in New York City since the beginning of deregulation.

The 2,400-megawatt Ravenswood facility is located in Long Island City, Queens. It accounts for approximately one-quarter of the power demand of New York City.
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