Calpine Secures Texas Energy Fund Loan for Pin Oak Creek Peaking Facility In Freestone County
Calpine (NYSE:CEG) closed a Texas Energy Fund loan to support development of the 460-megawatt Pin Oak Creek peaking facility adjacent to its Freestone Energy Center in Freestone County, Texas.
The facility is under construction and is expected to be operational before summer 2026; it is designed to start within minutes to supply additional power during periods of peak demand and support continued economic growth in Texas.
Calpine (NYSE:CEG) ha chiuso un prestito dal Texas Energy Fund per sostenere lo sviluppo della centrale di picco 460 megawatt Pin Oak Creek situata accanto al Freestone Energy Center nel Freestone County, Texas.
L’impianto è in costruzione e dovrebbe entrare in funzione prima dell'estate 2026; è progettato per avviarsi in pochi minuti per fornire energia aggiuntiva durante i periodi di picco della domanda e sostenere la crescita economica continua in Texas.
Calpine (NYSE:CEG) cerró un préstamo del Texas Energy Fund para apoyar el desarrollo de la planta de punta de 460 megavatios, Pin Oak Creek, ubicada junto a su Freestone Energy Center en el condado de Freestone, Texas.
La instalación está en construcción y se espera que entre en operaciones antes del verano de 2026; está diseñada para arrancar en cuestión de minutos para suministrar energía adicional durante los picos de demanda y apoyar el continuo crecimiento económico en Texas.
Calpine (NYSE:CEG)은 텍사스 에너지 펀드 대출을 마무리하고 프리스톤 에너지 센터(Freestone Energy Center) 인접 지역의 460메가와트 Pin Oak Creek 피크 발전 설비의 개발을 지원했습니다.
시설은 현재 건설 중이며 2026년 여름 이전에 가동될 것으로 예상되며, 수요 피크 시 추가 전력을 공급하고 텍사스의 지속적인 경제 성장을 지원하기 위해 몇 분 내에 시작되도록 설계되었습니다.
Calpine (NYSE:CEG) a conclu un prêt du Texas Energy Fund pour soutenir le développement de l'installation de pointe 460 mégawatts Pin Oak Creek, située à proximité du Freestone Energy Center dans le comté de Freestone, Texas.
L'installation est en cours de construction et devrait être opérationnelle avant l'été 2026; elle est conçue pour démarrer en quelques minutes afin de fournir une énergie supplémentaire pendant les périodes de pointe et soutenir la croissance économique continue du Texas.
Calpine (NYSE:CEG) hat einen Kredit des Texas Energy Fund abgeschlossen, um die Entwicklung der 460-Megawatt Pin Oak Creek-Peaking-Anlage in der Nähe des Freestone Energy Center im Freestone County, Texas, zu unterstützen.
Die Anlage befindet sich im Bau und soll vor dem Sommer 2026 in Betrieb genommen werden; sie ist darauf ausgelegt, innerhalb weniger Minuten zu starten, um während Spitzenlastzeiten zusätzliche Energie zu liefern und das anhaltende wirtschaftliche Wachstum in Texas zu unterstützen.
Calpine (NYSE:CEG) أتمت قرضاً من صندوق الطاقة في تكساس لدعم تطوير منشأة الذروة Pin Oak Creek ذات القدرة 460 ميغاوات الواقعة بجوار Freestone Energy Center في مقاطعة فريستون بولاية تكساس.
المنشأة قيد البناء ومن المتوقع أن تكون قيد التشغيل قبل صيف 2026; وهي مصممة للبدء خلال دقائق لتوفير طاقة إضافية خلال فترات الطلب العالي ودعم النمو الاقتصادي المستمر في تكساس.
Calpine (NYSE:CEG) 已关闭一笔 Texas Energy Fund 贷款，以支持在德克萨斯州 Freestone County 的 Freestone Energy Center 附近开发 460 兆瓦 的 Pin Oak Creek 峰值发电厂。
该设施正在建设中，预计将在 2026 年夏季前 投入运行；它设计为在几分钟内启动，在需求高峰时提供额外的电力并支持德州持续的经济增长。
- 460 MW peaking capacity under construction
- Loan agreement closed with Texas Energy Fund
- Target operational date: before summer 2026
- Fast-start design to deliver power within minutes
- Located adjacent to existing Freestone Energy Center
- None.
"Calpine is proud to demonstrate our commitment to
"We're grateful for the leadership of Governor Abbott and the Texas Legislature and for their dedication to keeping energy reliable and affordable for all Texans," Stephenson added. "Calpine is excited to keep investing in
The Pin Oak Creek project will help the state of
About Calpine:
Calpine Corporation is America's largest generator of electricity from natural gas and geothermal resources with operations in competitive power markets. Our fleet of 79 energy facilities in operation represents over 27,000 megawatts of generation capacity. Through wholesale power operations and our retail businesses, we serve customers in 22 states and
MEDIA CONTACT
Brett Kerr
Brett.kerr@calpine.com
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SOURCE Calpine Corporation
FAQ
What did Calpine announce on October 14, 2025 about the Pin Oak Creek project (CEG)?
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