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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

Nevada Power's Chuck Lenzie Generating Station Begins Generating Power

LCG, February 1, 2006--The Nevada Power Company, a subsidiary of Sierra Pacific Resources, announced yesterday that the first, 580-MW, electric generating plant at the Chuck Lenzie Generating Station has commenced commercial operations ahead of schedule. The second plant is scheduled to begin generating power to the grid prior to this coming summer.

The new, gas-fired, Chuck Lenzie Generating Station is located about 20 miles northeast of Las Vegas in the Moapa Valley. The station consists of two, 580-MW, combined cycle plants and receives gas from the Kern River Pipeline.

The facility, formerly known as the Moapa Power Plant, was purchased from Duke Energy Corporation in October 2004, when the project was about 50% complete. In an order related to the plant, the Public Utilities Commission of Nevada (PUCN) allowed for an additional one percent rate of return incentive for timely completion of the plant. Specifically, the plant's two units were to be on line by March 31, 2006, and June 30, 2006.

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