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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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FERC Approves Vistra's Plan to Acquire Nearly 2,600 MW of Gas-fired Power Plants

LCG, October 6, 2025--Vistra today announced that the Federal Energy Regulatory Commission (FERC) approved Vistra's acquisition of certain subsidiaries owning seven natural gas generation facilities from Lotus Infrastructure Partners. The acquisition was announced last May, and Vistra expects the transaction to close this quarter or during the first quarter of 2026. Vistra's acquisition remains subject to approval by the New York Public Service Commission and other customary closing conditions.

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Industry News

Newsmakers

A weekly summary of news about key people in the electricity and natural gas industries.

Glenn Etienne has been named senior director for legislative affairs by Dynegy Inc. He most recently was director of regulatory and governmental affairs for the merchant power company.

David S. Gee has joined PG&E Corp. as vice president for strategic planning. He moves to the utility holding company from McKinsey & Co. where he was a principal in the global energy practice and a member of the European petroleum, electric utility, and chemicals practice.

Edwin A. Guiles has been named group president of Sempra Energy Corp.s regulated business units and chairman of both San Diego Gas & Electric Co. and Southern California Gas Co., succeeding Warren Mitchell, who retired last month as group president and chairman of both utilities. Previously, Guiles served as president of SDG&E since 1998.

Walter M. Higgins has returned to Sierra Pacific Resources Corp. as chairman, president and chief executive officer and will make his offices in Las Vegas. Higgins occupied those positions with Sierra Pacific from 1994 to 1998, leaving to become chairman and chief executive officer of AGL Resources Inc. in Atlanta.

Lee W. Hogan, vice chairman of the Reliant Energy Inc., has resigned to pursue personal interests. He joined Houston Lighting & Power Co. in 1990 and became a director of parent holding company Houston Industries Inc. in 1995, before the name of the company was changed to Reliant Energy.

Steve Philley, vice president for energy supply with TXU Corp. operating subsidiary TXU Electric & Gas Co., has been appointed chief executive officer of TXU Australia, replacing Bob Shapard, who recently announced his resignation to take a position as executive vice president and chief financial officer with Ultramar Diamond Shamrock Corporation.

Paula Rosput, president of Atlanta Gas Light Co., has been elected president and chief executive officer of AGL Resources Inc., replacing Walter M. Higgins who resigned in order to return to Sierra Pacific Resources Corp.

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