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News
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By Anjuli Deb -- With deep sadness and profound appreciation, we share the passing of LCG's founder, Dr. Rajat K. Deb. He was our president and one of the first entrepreneurs in the computer revolution. He was also our friend, our teacher and mentor, and for a few of us, our father and grandfather.
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LCG, July 23, 2026--Panamint Capital announced today that construction has commenced at Big Rooter Power, a nearly 1.2 GWdc solar PV project located at the company's Twin Oaks power station in Robertson County, Texas. The $1.7 billion will be the largest solar project built at an existing coal mining site in North America.
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Industry News
Financing Obtained for Calpine's 600-MW Russell City Energy Center
LCG, June 28, 2011--Calpine Corporation announced yesterday that they have an $844.5 million credit facility to finance construction of the 619-MW, combined-cycle Russell City Energy Center. A Calpine affiliate owns 75% of Russell City and a GE Energy Financial Services affiliate owns the balance.
The new project finance facility includes a construction loan that will convert to a 10-year term loan when commercial operations commence. Construction started at the site in Hayward, California, and commercial operations are scheduled to commence in mid-2013. A ten-year, power purchase agreement (PPA) for the output from the plant is in place with Pacific Gas and Electric Company (PG&E), and PG&E will provide natural gas to the plant.
Calpine's President and Chief Executive Officer stated, "This financing marks an important milestone in our effort to bring much-needed electric power supply to California's Bay Area, allowing us to complete the construction of a modern, flexible, highly efficient, clean and low-carbon energy resource."
The Russell City Energy Center project began in 2001, but California's energy crisis and Calpine's subsequent financial challenges put the project on hold. In September 2007, the California Energy Commission (CEC) approved the natural gas-fired power plant project.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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