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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

Duke Energy Announces 110-MW Wind Project in Texas

LCG, September 4, 2014-Duke Energy Renewables, a commercial business unit of Duke Energy, announced yesterday that it will construct, own and operate a 110-MW wind power project in Starr County, Texas. The power generated from the wind farm, Los Vientos V, will be purchased by Garland Power & Light, Greenville Electric Utility System and Bryan Texas Utilities (BTU). Each purchaser has signed a 25-year power purchase agreement (PPA). The project is expected to be completed in late 2015.

The Los Vientos V wind power project will include 55 2-MW wind turbines manufactured by Vestas.

In Willacy County, Texas, Duke completed Los Vientos I (200 MW) and II (202 MW) in 2012. Los Vientos III and IV (each with a capacity of 200 MW) are two additional Duke Energy projects in Starr County, Texas, with in-service dates in late 2015 and 2016, respectively. Once these projects are all in service, Duke Energy's total wind-generated capacity will exceed 2,100 MW.
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