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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

Salt River Moves Ahead with 825 Megawatt Expansion

LCG, Feb. 16, 2001The Salt River Project, a big public power utility in Arizona established in 1903 under the National Reclamation Act, said yesterday that the Arizona Power Plant and Transmission Line Siting Committee recommended in favor of its Santan Expansion Project in Gilbert, Ariz.

Salt River wants to build a 825 megawatt natural gas-fueled, combined-cycle generating facility at its existing Santan power plant in Gilbert which is about 15 miles east of Phoenix. The agency has operated a 300 megawatt plant at the site since the 1970s.

"The committee has taken an important step in reducing the likelihood of future California-styleblackouts in Arizona," said David Areghini, associate general manager of power construction and engineering. "Adding more local generation will help Salt River continue to serve its customers (with) areliable and low-cost supply of electricity."

The Arizona Corporation Commission has the final say on the proposed plant, but last year approved a similar, though smaller, expansion of a Salt River plant in Tempe.

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