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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

Sempra Dedicates New 92-MW Solar PV Facility

LCG, March 20, 2013--Sempra U.S. Gas & Power dedicated on March 15 the Copper Mountain Solar 2 facility in Boulder City, Nevada. Construction on this first phase of the 1,100-acre, 92-MW solar PV farm began in December 2011. The second phase is scheduled for completion in 2015 and will increase the capacity to 150 MW. Power generated from the facility is purchased by Pacific Gas & Electric (PG&E) under a 25-year contract.

"Our hats off to the leadership in the state of Nevada," said the president and CEO of Sempra U.S. Gas & Power. "This state is a shining example of how a pro-growth business climate continues to attract clean energy investments. Our success here today also reflects the vision and leadership of Pacific Gas & Electric, which stepped forward to procure the output of this facility for the next 25 years."

At the dedication, Sempra also announced the start of construction at Copper Mountain Solar 3, which is scheduled for completion in 2015. In total, Copper Mountain Solar 1, Copper Mountain Solar 2 and Copper Mountain Solar 3 will represent one of the largest solar power complexes in the U.S., capable of generating 458 MW.

The electricity generated from Copper Mountain Solar 1, located on a 450-acre site, is under a 20-year contract with PG&E. The electricity generated from Copper Mountain Solar 3, located on a 1,400-acre site, is under contract with the Los Angeles Department of Water and Power (LADWP) and the City of Burbank through an agreement with the Southern California Public Power Authority (SCPPA).
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