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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

Midwest ISO Continues to Evanesce

LCG, June 15, 2001The Midwest Independent System Operator, which a year ago claimed to be the nation's largest, continues to wither. Yesterday, the shrinking ISO said it has notified the Mid-America Interconnected Network that an agreement reached last September for the two organizations to integrate certain functions has been rendered irrelevant.

MAIN is one of 10 regional councils of the North American Electric Reliability Council, an industry-sponsored organization responsible for operating procedures and protocols that govern the nation's transmission grid.

In a letter to the chairman of MAIN's executive committee, James P. Torgerson, chief executive of the Midwest ISO, said that because Commonwealth Edison Co., Illinois Power Co. and Ameren Corp. are no longer members of the Midwest ISO the rationale for continuing the agreement no longer exists.

Under terms of last year's memorandum of understanding, the Midwest ISO was to have integratedvarious MAIN functions and personnel into the Midwest ISO. However, because the Midwest ISO will not be assuming security coordination and transmission operational control over all MAIN member transmission systems as originally anticipated, the MOU is no longer valid, the letter explains.

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