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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

Sierra Pacific Resources Issues RFP for Renewable Energy

LCG, May 13, 2005--Nevada Power Company and Sierra Pacific Power Company yesterday issued a Request for Proposals (RFP) for renewable energy and/or renewable energy credits (RECs). The two companies, which are the utility subsidiaries of Sierra Pacific Resources, are seeking renewable proposals totaling about 200 MW of wind, geothermal, hydro and biomass energy, plus 70 MW of solar energy.

The RFP is in response to Nevada law that requires electric utilities to increase the use of renewable energy by two percent every other year until the renewable energy portfolio accounts for 15 percent of the total energy sales by the year 2013. Furthermore, the total for solar electricity must exceed five percent of the total renewable energy portfolio. Last year, Nevada Power was granted a waiver after failing to meet Nevada's renewable energy standards.

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