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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

LS Power Announces New PPA for Plum Point Project

LCG, December 8, 2006--Plum Point Energy Associates, LLC ("Plum Point") announced yesterday that it has executed its second power purchase agreement (PPA) this week associated with the 665-MW Plum Point Project located near Osceola, Arkansas. The latest PPA is a 30-year agreement for 70 MW with Southwestern Electric Cooperative, Inc. ("SWECI"). LS Power announced that this PPA closes out subscription on the 665 MW facility.

The Plum Point Project is a greenfield, coal-fired power project. Construction began in March of this year, and commercial operations are scheduled to commence in mid-2010.

Earlier this week, LS Power announced that it had signed a 50 MW, 30-year PPA with Missouri Joint Municipal Electric Utility Commission ("MJMEUC"). Plum Point announced in August that it had signed a 200 MW, 30-year PPA with South Mississippi Electric Power Association. LS Power also states that it has a 30-year PPA for 50 MW with The Empire District Electric Company.

LS Power has previously announced that it has sold tenancy in common interests in the project to East Texas Electric Cooperative, Inc., the Missouri Joint Municipal Electric Utility Commission, the Empire District Electric Company, and the Municipal Energy Agency of Mississippi. Furthermore, it has stated that it retains a 62.85% ownership interest in the project.

Plum Point is a a member of the LS Power Group. On September 15, 2006, the LS Power Group and Dynegy, Inc. announced a merger transaction involving certain assets of the LS Power Group, including the Plum Point Energy Station, and Dynegy, Inc.'s assets.
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