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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

Jack E. Davis has been named president of Pinnacle West Capital Corp. and has been elected to its board. He will also remain president of energy deliver and sales with subsidiary Arizona Public Service Co.

Karl W. Miller has joined PG&E Corp. as National Energy Group senior vice president for marketing and business development. He most recently was in the London branch of EdF (Electricit de France) Trading Ltd., where he was senior vice president and head of the structured transaction group.

William J. Post has been elected chairman of the board of Pinnacle West Capital Corp. and will also be chairman of its principal subsidiary, Arizona Public Service. He will remain chief executive of the parent company. Post succeeds Richard Snell, who will retire effective February 5.

Angela M. Sparks has been elected Energy East Management Corp. vice president for government affairs by Energy East Corp., the holding company formed by New York State Electric & Gas Co. She most recently was director of government affairs for NYSE&G.

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