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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

Gas Storage Facility Construction Announced

LCG, Apr. 22, 2004--A planned natural gas storage facility to be in a salt cavern will proceed towards construction, according to SGR Holdings, LLC's subsidiary SG Resources Mississippi, LLC (SGRM), following FERC and Fish and Wildlife Service approvals.

The facility, intended for Greene County, Mississippi, will provide firm and secondary firm storage at market rates. and have interconnects with Destin Pipeline Company, LLC, and Florida Gas Transmission Company (FGT) installations, among others. Mark Cook, a principal of SGRM, said "The Southern Pines Energy Center is ideally located to serve as a supply and storage market hub for seven major pipelines serving Florida and the southeastern and Mid-Atlantic United States." Cook commented the Center could enhance the infrastructure available to serve Florida, the Southeast and Mid-Atlantic.

SGR plans to be operating the storage site by late 2005, and complete the 12 billion cubic feet of capacity by 2006. It would permit withdrawals of as much as 1.2 Bcf each day, and injections of up to .6 billion cubic feet per day.
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