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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

Oklahoma May Slow Dereg Pace

LCG, Feb. 20, 2001The Oklahoma state House Energy and utility Regulation Committee was to consider a bill today that would make the beginning of electric deregulation in the Sooner State occur later.

The measure, introduced by Democrat Rep. Larry Rice, would extend the deadline for implementing electric deregulation from July 1, 2002, to Jan. 1, 2004. Rice was pretty sure the legislation would be moved to the floor of the Oklahoma House, "But you never know."

He'll get help from the other side of the aisle if it does. Rep. Larry Ferguson, chairman of the Republican Caucus' electric deregulation committee, said he his people favor delaying deregulation "until at least January 2004."

Ferguson added, "With all that's gone on in California and some other places, I think people are very suspicious of deregulation."

Oklahoma state Sen. Kevin Easley, who wrote the legislation that would start deregulation in 2002, said he didn't see a need for delay. He agreed the news from California was not reassuring, "But I feel like that's only because the success stories related to some of the other 20 states has not gotten out. It's easier to talk about the one failure than it is the 22 or 23 successes, starting with Pennsylvania and moving on down to Arizona."

Easley pointed out that California's problem was one of supply and demand and Oklahoma had the supply and would not see the power shortages that upset the applecart in California. Oklahoma has about 12,000 megawatts of installed capacity and another 9,000 megawatts under construction.

"We only have 13,000 megawatts that we use on our worst peaking day," Easley said.

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