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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

TransCanada Buys 560 Megawatts in Alberta Auction

LCG, Aug. 25, 2000--TransCanada Pipelines Ltd. said yesterday it had acquired the rights to the output of the 560 megawatt Sundance A power plant in the province of Alberta. TransCanadas bid of about $212 million Canadian ($143 million U.S.) won the capacity in an auction conducted by the provincial government.

"Power is one of TransCanada's core businesses and Alberta is one of our core markets," saidDoug Baldwin, TransCanada's president and chief executive. "The auction provided an opportunity to purchase competitively priced power to help build our power business in the province." TransCanada said it already has agreements to re-sell approximately 400 megawatts to industrial customers underlong-term contracts.

The Sundance plant is a little less than 40 miles from Edmonton and is the largest coal-fired power plant in western Canada.

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